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Dyno Nobel ( (AU:DNL) ) has provided an update.
Dyno Nobel Limited has announced an update on its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities on the market. As of the latest update, the company has bought back a total of 11,540,545 shares, with 484,931 shares repurchased on the previous day. 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$3.45 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
Average Trading Volume: 4,778,951
Technical Sentiment Signal: Buy
Current Market Cap: A$6.1B
See more insights into DNL stock on TipRanks’ Stock Analysis page.