Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.