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Orica Limited Announces Cessation of Securities Following Buy-Back

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Orica Limited Announces Cessation of Securities Following Buy-Back

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Orica Limited ( (AU:ORI) ) has provided an update.

Orica Limited announced the cessation of 1,408,804 ordinary fully paid securities due to an on-market buy-back, effective June 27, 2025. This move is part of Orica’s capital management strategy, potentially impacting its financial structure and shareholder value, reflecting the company’s ongoing efforts to optimize its capital allocation and enhance returns for stakeholders.

The most recent analyst rating on (AU:ORI) stock is a Buy with a A$22.50 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 operates in the chemicals industry, primarily focusing on the production and supply of explosives and blasting systems for mining, quarrying, and construction industries. The company is a key player in its market, providing essential products and services that support resource extraction and infrastructure development.

YTD Price Performance: 17.75%

Average Trading Volume: 1,574,716

Technical Sentiment Signal: Buy

Current Market Cap: A$9.28B

For a thorough assessment of ORI stock, go to TipRanks’ Stock Analysis page.

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