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Incitec Pivot ( (AU:DNL) ) has issued an update.
Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program. The company reported buying back 856,901 of its ordinary fully paid securities on the previous day, contributing to a total of 90,817,097 securities bought back to date. 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: -8.53%
Average Trading Volume: 6,471,957
Technical Sentiment Signal: Buy
Current Market Cap: A$5B
Learn more about DNL stock on TipRanks’ Stock Analysis page.