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Dyno Nobel Limited Updates on Market Buy-Back Program

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Dyno Nobel Limited Updates on Market Buy-Back Program

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Incitec Pivot ( (AU:DNL) ) has shared an update.

Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 128,816,985 securities, with an additional 315,228 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and 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

Dyno Nobel Limited operates in the explosives industry, providing products and services primarily for the mining and construction sectors. The company focuses on delivering innovative solutions for blasting and explosive needs, positioning itself as a key player in the market.

Average Trading Volume: 5,065,015

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.58B

See more data about DNL stock on TipRanks’ Stock Analysis page.

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