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The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).
Iluka Resources Limited has announced the allocation price for shares issued through its Dividend Reinvestment Plan (DRP) for the 2025 Interim Dividend, set at $6.0274. This price was determined based on the average daily volume-weighted average price of Iluka shares over a specified period. With 10.31% of shareholders participating, a total of 41,852 shares were issued under the DRP, representing 2.98% of the total shares on issue. This move reflects Iluka’s ongoing efforts to engage shareholders and optimize capital allocation.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$6.50 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Iluka Resources Limited is a company operating in the mining industry, primarily focusing on the production of mineral sands. The company is known for its extraction and processing of zircon and titanium dioxide products, which are essential components in various industrial applications.
Average Trading Volume: 5,365,664
Technical Sentiment Signal: Buy
Current Market Cap: A$2.54B
See more insights into ILU stock on TipRanks’ Stock Analysis page.