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Downer EDI Limited ( (AU:DOW) ) has issued an update.
Downer EDI Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 3,506,964 securities, indicating a strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:DOW) stock is a Buy with a A$7.75 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, providing integrated services in Australia and New Zealand. The company focuses on delivering services across various sectors, including transportation, utilities, facilities, and engineering.
YTD Price Performance: 49.17%
Average Trading Volume: 1,479,660
Technical Sentiment Signal: Buy
Current Market Cap: A$5.03B
For detailed information about DOW stock, go to TipRanks’ Stock Analysis page.