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Orica Limited ( (AU:ORI) ) has issued an announcement.
Orica Limited announced the cessation of 29,169 deferred rights securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting Orica’s ongoing efforts to manage its securities and align with market conditions.
More about Orica Limited
Orica Limited is a company operating in the chemicals industry, primarily focused on providing explosives and blasting systems to the mining, quarrying, oil and gas, and construction markets. The company is known for its innovative solutions and services that enhance productivity and safety in these sectors.
YTD Price Performance: -7.14%
Average Trading Volume: 162
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.57B
For a thorough assessment of ORI stock, go to TipRanks’ Stock Analysis page.