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Downer EDI Limited ( (AU:DOW) ) has shared an update.
Downer EDI Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 172,460 ordinary fully paid securities on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a commitment to returning capital to 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 operates in the infrastructure and services industry, providing integrated services in Australia and New Zealand. The company focuses on urban services, including transport, utilities, facilities, and asset management.
Average Trading Volume: 1,472,262
Technical Sentiment Signal: Buy
Current Market Cap: A$5.26B
See more insights into DOW stock on TipRanks’ Stock Analysis page.