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Downer EDI Limited ( (AU:DOW) ) has provided an announcement.
Downer EDI Limited has announced an update on its ongoing share buy-back program, with a total of 2,842,006 securities bought back before the previous day and an additional 144,050 securities acquired on the previous day. 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 transportation, utilities, facilities, and communications.
Average Trading Volume: 1,478,721
Technical Sentiment Signal: Buy
Current Market Cap: A$5.03B
For a thorough assessment of DOW stock, go to TipRanks’ Stock Analysis page.