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Incitec Pivot ( (AU:DNL) ) has issued an announcement.
Dyno Nobel Limited has announced an update regarding its ongoing buy-back program. The company, which operates in the explosives industry, is actively buying back its ordinary fully paid securities on the market. As of the latest update, a total of 108,737,385 securities have been bought back before the previous day, with an additional 299,833 securities purchased on the previous day. This buy-back initiative reflects the company’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
YTD Price Performance: -4.93%
Average Trading Volume: 6,432,583
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.09B
See more data about DNL stock on TipRanks’ Stock Analysis page.