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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, which involves the repurchase of its ordinary fully paid securities. The company has bought back a total of 133,666,760 securities before the previous day and an additional 515,416 securities on the previous day. This buy-back initiative is part of 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 Buy with a A$3.60 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: 4,392,941
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.3B
For a thorough assessment of DNL stock, go to TipRanks’ Stock Analysis page.