Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Downer EDI Limited ( (AU:DOW) ) just unveiled an announcement.
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that a cumulative total of 8,912,206 shares had been repurchased prior to the latest reporting date, with an additional 191,562 shares bought back on the previous trading day.
The latest filing, dated 10 March 2026, is a daily update to an existing buy-back that was initially notified in August 2025 and most recently updated on 9 March 2026. The continued execution and reporting of the on-market buy-back indicate that Downer is actively pursuing capital management through reducing its shares on issue, which can have implications for earnings per share and the ownership stakes of remaining shareholders.
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 trading under the ASX code DOW, with ordinary fully paid shares on issue. The business operates in sectors where on-market share buy-backs are used as a capital management tool to adjust its share base and potentially enhance shareholder value over time.
YTD Price Performance: 0.63%
Average Trading Volume: 1,062,856
Technical Sentiment Signal: Buy
Current Market Cap: A$5.22B
See more insights into DOW stock on TipRanks’ Stock Analysis page.