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Incitec Pivot ( (AU:DNL) ) has provided an update.
Dyno Nobel Limited, a company listed on the ASX under the code DNL, has announced the completion of its share buy-back program. The company has bought back a total of 136,711,319 ordinary fully paid securities at a total consideration of approximately AUD 400 million. This buy-back is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:DNL) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Incitec Pivot stock, see the AU:DNL Stock Forecast page.
More about Incitec Pivot
Average Trading Volume: 4,269,665
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.32B
Find detailed analytics on DNL stock on TipRanks’ Stock Analysis page.