tiprankstipranks
Advertisement
Advertisement

Dyno Nobel Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Dyno Nobel continues its on-market buy-back of ordinary fully paid shares on the ASX.
  • The company has repurchased over 27.8 million shares to date, including 910,541 shares bought back on the previous day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dyno Nobel Updates Market on Progress of On-Market Share Buy-Back

Meet Samuel – Your Personal Investing Prophet

Dyno Nobel ( (AU:DNL) ) just unveiled an update.

Dyno Nobel Limited has reported progress under its on-market share buy-back program for its ordinary fully paid shares traded on the ASX under code DNL. The company disclosed that it had repurchased a cumulative total of 27,802,455 shares prior to the latest trading day, and bought back an additional 910,541 shares on the previous day, as part of an ongoing capital management initiative being reported to the market through daily buy-back notifications.

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

Average Trading Volume: 4,488,539

Technical Sentiment Signal: Buy

Current Market Cap: A$5.86B

Find detailed analytics on DNL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1