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Downer EDI Limited ( (AU:DOW) ) has provided an update.
Downer EDI Limited has announced an update on its ongoing share buy-back program, with a total of 87,338 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 2,489,197 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize 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 transport, utilities, and facilities management.
Average Trading Volume: 1,458,805
Technical Sentiment Signal: Buy
Current Market Cap: A$5.08B
For an in-depth examination of DOW stock, go to TipRanks’ Overview page.