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Downer EDI Limited Updates on Buy-Back Program

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Downer EDI Limited Updates on Buy-Back Program

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Downer EDI Limited ( (AU:DOW) ) has shared an update.

Downer EDI Limited has announced an update regarding its on-market buy-back program, with a total of 209,965 ordinary fully paid securities bought back on the previous day. This action is part of the company’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$7.60 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 operates in the infrastructure and services industry, providing integrated services in Australia and New Zealand. The company focuses on sectors such as transport, utilities, facilities, and engineering, offering solutions that span the lifecycle of projects from design to maintenance.

Average Trading Volume: 1,356,278

Technical Sentiment Signal: Buy

Current Market Cap: A$4.86B

For detailed information about DOW stock, go to TipRanks’ Stock Analysis page.

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