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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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Dyno Nobel ( (AU:DNL) ) has shared an update.

Dyno Nobel Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 420,045 ordinary fully paid securities were bought back on the previous day. This buy-back activity is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.35 price target. To see the full list of analyst forecasts on Dyno Nobel stock, see the AU:DNL Stock Forecast page.

More about Dyno Nobel

Dyno Nobel Limited operates in the explosives industry, providing products and services primarily focused on the manufacturing and supply of industrial explosives and blasting services.

YTD Price Performance: 15.52%

Average Trading Volume: 5,005,665

Technical Sentiment Signal: Buy

Current Market Cap: A$5.84B

Find detailed analytics on DNL stock on TipRanks’ Stock Analysis page.

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