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Dyno Nobel ( (AU:DNL) ) has shared an announcement.
Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program, revealing that a total of 562,459 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 15,524,218 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance 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 industry, providing products and services primarily for the mining and construction sectors. The company focuses on delivering innovative blasting solutions to enhance safety and efficiency in these industries.
Average Trading Volume: 5,098,619
Technical Sentiment Signal: Buy
Current Market Cap: A$5.95B
See more data about DNL stock on TipRanks’ Stock Analysis page.