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Dyno Nobel ( (AU:DNL) ) has shared an announcement.
Dyno Nobel Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program, confirming that a total of 22,571,002 ordinary fully paid shares had been repurchased before the previous trading day. The company reported that a further 322,411 shares were bought back on the prior day, underscoring the continued execution of its capital management strategy aimed at reducing the number of shares on issue and potentially enhancing shareholder value.
The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.50 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 is an Australia-listed company trading under the ASX code DNL, with ordinary fully paid shares on issue. While this filing does not detail its operations, the company is known in the market as a producer and supplier of industrial explosives and related services, primarily serving the mining and infrastructure sectors.
Average Trading Volume: 4,401,688
Technical Sentiment Signal: Buy
Current Market Cap: A$5.86B
For detailed information about DNL stock, go to TipRanks’ Stock Analysis page.