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The latest update is out from Dyno Nobel ( (AU:DNL) ).
Dyno Nobel Limited has announced a daily update regarding its ongoing on-market buy-back program, with 449,540 ordinary fully paid securities bought back on the previous day, bringing the total to 19,462,130 securities acquired so far. This buy-back effort emphasizes the company’s strategic focus on optimizing its capital structure and potentially enhancing 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 and chemical manufacturing industry, primarily focusing on delivering innovative and reliable blasting solutions for industries like mining, quarrying, and construction.
Average Trading Volume: 5,050,757
Technical Sentiment Signal: Buy
Current Market Cap: A$5.75B
For an in-depth examination of DNL stock, go to TipRanks’ Overview page.