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Dyno Nobel Updates on Market Buy-Back Program

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Dyno Nobel Updates on Market Buy-Back Program

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

Dyno Nobel Limited has announced an update on its on-market buy-back program, reporting the purchase of 1,093,892 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 12,828,165. This buy-back initiative reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.55 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

YTD Price Performance: 12.30%

Average Trading Volume: 4,815,742

Technical Sentiment Signal: Buy

Current Market Cap: A$5.85B

For detailed information about DNL stock, go to TipRanks’ Stock Analysis page.

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