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Incitec Pivot ( (AU:DNL) ) has shared an update.
Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, identified by the ASX code DNL. The company reported that a total of 117,029,330 securities had been bought back before the previous day, with an additional 345,633 securities acquired on the day prior to this announcement. This buy-back initiative is part of Dyno Nobel’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$3.00 price target. To see the full list of analyst forecasts on Incitec Pivot stock, see the AU:DNL Stock Forecast page.
More about Incitec Pivot
YTD Price Performance: 0.93%
Average Trading Volume: 6,037,251
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.36B
See more insights into DNL stock on TipRanks’ Stock Analysis page.