Residential real estate developer Peet (ASX:PPC) bought back 30,989 shares for AU$40,899, according to a Wednesday filing with the Australian bourse.
The company has nearly 2.8 million shares that it can buy back under its on-market repurchase program.
Peet's shares were down almost 1% in recent Wednesday trade.
Price (AUD): $1.33, Change: $-0.010, Percent Change: -0.75%