tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Downer EDI Cancels 1.7 Million Shares Under On-Market Buy-Back

Story Highlights
  • Downer EDI has cancelled 1,745,180 ordinary shares after an on-market buy-back.
  • The capital reduction supports ongoing capital management and may enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Downer EDI Cancels 1.7 Million Shares Under On-Market Buy-Back

Claim 70% Off TipRanks This Holiday Season

Downer EDI Limited ( (AU:DOW) ) has provided an announcement.

Downer EDI Limited has cancelled 1,745,180 ordinary fully paid shares following an on-market buy-back, effective 1 December 2025. The reduction in issued capital reflects the company’s ongoing capital management activities, which may enhance earnings per share and signal confidence in its financial position, with potential implications for shareholder value and market perception of the stock.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.

More about Downer EDI Limited

Downer EDI Limited is an Australian-listed company operating under the ASX code DOW. It is involved in engineering, infrastructure and related services, providing contract-based solutions across sectors such as transport, utilities, and industrial operations in Australia and New Zealand.

Average Trading Volume: 1,235,029

Technical Sentiment Signal: Buy

Current Market Cap: A$5.27B

Learn more about DOW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1