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Orica Limited ( (AU:ORI) ) just unveiled an update.
Orica Limited has notified the market of the issue of 1,094,808 new ordinary fully paid shares following the exercise or conversion of previously unquoted equity securities, effective 31 December 2025. The additional shares modestly expand Orica’s issued capital base, reflecting ongoing utilisation of its equity-based incentive or financing arrangements and resulting in a small dilution for existing shareholders while further aligning stakeholders participating in these instruments with the company’s long-term performance.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
More about Orica Limited
Orica Limited, listed on the ASX under the code ORI, is a global mining and infrastructure solutions company best known for supplying commercial explosives, blasting systems and related services to the mining, quarrying and construction industries.
Average Trading Volume: 1,778,775
Technical Sentiment Signal: Buy
Current Market Cap: A$12.15B
Learn more about ORI stock on TipRanks’ Stock Analysis page.