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Downer EDI Limited ( (AU:DOW) ) has provided an update.
Downer EDI Limited has announced an update regarding its ongoing share buy-back program, with a total of 3,200,673 securities bought back before the previous day and an additional 146,216 securities acquired 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 its commitment to returning capital to shareholders and potentially improving its market positioning.
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 sectors such as transport, utilities, facilities, and engineering, delivering solutions that enhance urban environments and industrial operations.
Average Trading Volume: 1,484,507
Technical Sentiment Signal: Buy
Current Market Cap: A$5.03B
See more data about DOW stock on TipRanks’ Stock Analysis page.