TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Dyno Nobel ( (AU:DNL) ) has provided an update.
Dyno Nobel Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 433,731 ordinary fully paid securities on the previous day, bringing the total to over 16 million shares bought back since the program’s inception. This buy-back initiative is part of the company’s strategy to optimize 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, primarily providing commercial explosives and blasting services. The company focuses on serving mining, quarrying, and construction markets, offering products that enhance safety and efficiency in these sectors.
YTD Price Performance: 15.52%
Average Trading Volume: 4,981,110
Technical Sentiment Signal: Buy
Current Market Cap: A$5.84B
See more data about DNL stock on TipRanks’ Stock Analysis page.