Australian Shares

Australian Shares Flat as Premier Investments Announces AU$100 Million Buyback

What happened: Market reaction and buyback news The Australian stock market opened flat today after Premier Investments, a listed retail group on the ASX, announced a AU$100 million on-market share buyback. This move caught investor attention, but overall, the broader market remained calm, showing little net change in major indices. The buyback follows Premier Investments’…