Dyno Nobel Limited Announces Name Change and Share Buyback

The latest announcement is out from Incitec Pivot ( (AU:DNL) ).

Dyno Nobel Limited has announced a name change from Incitec Pivot Limited and the recommencement of an on-market buyback of ordinary shares valued at up to AUD 400 million, effective from May 13, 2025. This strategic move is expected to impact the company’s market positioning and shareholder value, reflecting a commitment to optimizing capital structure and enhancing shareholder returns.

The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.00 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

Dyno Nobel Limited, formerly known as Incitec Pivot Limited, operates in the explosives industry, providing essential products for mining and construction sectors. The company focuses on manufacturing and supplying industrial explosives and related services.

Average Trading Volume: 5,747,784

Technical Sentiment Signal: Sell

Current Market Cap: A$4.88B

For detailed information about DNL stock, go to TipRanks’ Stock Analysis page.