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Orica Limited ( (AU:ORI) ) has shared an update.
Orica Limited has announced the cessation of 4,732,007 ordinary fully paid securities due to an on-market buy-back, effective June 6, 2025. This move is part of Orica’s capital management strategy, potentially impacting its share value and reflecting its commitment to returning value to shareholders.
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 commercial explosives and blasting systems to the mining, quarrying, oil and gas, and construction markets.
Average Trading Volume: 1,695,734
Technical Sentiment Signal: Buy
Current Market Cap: A$9.33B
See more data about ORI stock on TipRanks’ Stock Analysis page.