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An announcement from Dyno Nobel ( (AU:DNL) ) is now available.
Dyno Nobel Limited has announced an update on its ongoing on-market buy-back program, with a total of 17,295,131 securities bought back prior to the previous day and an additional 395,661 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy 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$3.35 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 focused on the manufacturing and supply of industrial explosives and blasting services to the mining, quarrying, and construction sectors.
Average Trading Volume: 5,061,725
Technical Sentiment Signal: Buy
Current Market Cap: A$5.84B
See more data about DNL stock on TipRanks’ Stock Analysis page.