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Orica Limited Announces Cessation of Securities Through Buy-Back

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Orica Limited Announces Cessation of Securities Through Buy-Back

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An update from Orica Limited ( (AU:ORI) ) is now available.

Orica Limited announced the cessation of 1,493,169 ordinary fully paid securities due to an on-market buy-back, effective July 11, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market perception by reducing the number of outstanding shares, which could benefit shareholders through increased earnings per share.

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 is a company operating in the industrial sector, primarily focusing on the production and supply of explosives and blasting systems for mining, quarrying, and construction industries. It is a significant player in the market, providing essential services and products for resource extraction and infrastructure development.

Average Trading Volume: 1,534,186

Technical Sentiment Signal: Buy

Current Market Cap: A$9.81B

See more insights into ORI stock on TipRanks’ Stock Analysis page.

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