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Incitec Pivot ( (AU:DNL) ) just unveiled an announcement.
Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program. The company reported that a total of 925,189 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 112,713,369 securities repurchased before that day. This buy-back initiative is part of Dyno Nobel’s strategy to manage its capital structure and potentially enhance shareholder value.
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
Average Trading Volume: 6,276,574
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.23B
Learn more about DNL stock on TipRanks’ Stock Analysis page.