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Downer EDI Limited ( (AU:DOW) ) has issued an announcement.
Downer EDI Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 8,109,623 securities bought back before the previous day and an additional 128,057 securities acquired on the previous day. This buy-back initiative reflects the company’s strategic approach to managing its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.
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 operates in the engineering and infrastructure management services industry. It provides integrated services in Australia and New Zealand, focusing on sectors such as transport, utilities, facilities, and engineering.
Average Trading Volume: 1,286,199
Technical Sentiment Signal: Buy
Current Market Cap: A$5.3B
For detailed information about DOW stock, go to TipRanks’ Stock Analysis page.