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The latest update is out from Orica Limited ( (AU:ORI) ).
Orica Limited has announced an update regarding its ongoing share buy-back program, with a total of 10,953,122 securities bought back before the previous day and an additional 106,593 securities acquired on the previous day. This buy-back initiative reflects Orica’s strategic approach to managing its capital structure, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
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 the mining, quarrying, and construction industries. The company is a key player in providing essential products and services that enhance productivity and safety in these sectors.
YTD Price Performance: 33.77%
Average Trading Volume: 1,317,816
Technical Sentiment Signal: Buy
Current Market Cap: A$10.43B
See more data about ORI stock on TipRanks’ Stock Analysis page.
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