Regal Partners (ASX:RPL) has received board approval to initiate an on-market buyback of up to AU$75 million in ordinary shares, according to a Thursday filing with the Australian bourse.
The program is scheduled to start on or after Feb. 25 and continue for up to 12 months, concluding on Feb. 24, 2027, per the filing.
Share purchases will be influenced by company performance, market conditions, share price, and other financial factors, and the program may be suspended or ended at any time, the filing added.
The company's shares rose 1% in recent Thursday trade.