tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Orica Limited Announces Cessation of Securities via Buy-Back

Story Highlights
Orica Limited Announces Cessation of Securities via Buy-Back

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Orica Limited ( (AU:ORI) ).

Orica Limited announced the cessation of 262,283 ordinary fully paid securities due to an on-market buy-back, effective August 1, 2025. This move is part of Orica’s capital management strategy, potentially impacting its market positioning by optimizing its capital structure and 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 chemical manufacturing industry, specializing in the production of explosives and blasting systems primarily for mining, quarrying, and construction industries.

YTD Price Performance: 30.22%

Average Trading Volume: 1,457,800

Technical Sentiment Signal: Buy

Current Market Cap: A$10.17B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1