Pinnacle Investment Management Group (ASX:PNI) bought back 250,000 shares via an employee share scheme for AU$3.8 million on Thursday, according to a Friday filing with the Australian bourse.
The company bought 50,000 shares for AU$16.82 per share, 100,000 shares for about AU$9.20 each, and another 100,000 shares for AU$20.30 apiece.