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Incitec Pivot ( (AU:DNL) ) has issued an announcement.
Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a total of 350,811 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively, potentially impacting its market positioning and 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
Dyno Nobel Limited is a company operating in the explosives industry, primarily focusing on the production and supply of industrial explosives and blasting services. The company is known for its market focus on providing solutions for mining, quarrying, and construction industries.
YTD Price Performance: 0.59%
Average Trading Volume: 4,313,544
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.3B
Find detailed analytics on DNL stock on TipRanks’ Stock Analysis page.