tiprankstipranks
Trending News
More News >

Dyno Nobel Updates on Market Buy-Back Progress

Story Highlights
Dyno Nobel Updates on Market Buy-Back Progress

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Incitec Pivot ( (AU:DNL) ).

Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back program. The company reported the buy-back of 799,455 ordinary fully paid securities on the previous day, adding to a total of 101,335,296 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: -8.37%

Average Trading Volume: 6,356,785

Technical Sentiment Signal: Buy

Current Market Cap: A$4.93B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1