Pengana Private Equity Trust (ASX:PE1) reported a daily on-market buyback of its ordinary fully paid securities, with 31,579 shares repurchased Monday for AU$42,426, according to a Tuesday filing with the Australian bourse.
The proposed maximum number of securities to be reacquired is 27.7 million shares, the filing said.
Shares of the company fell nearly 3% in recent Tuesday trade.
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