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Orica Limited ( (AU:ORI) ) has issued an update.
Orica Limited has announced an update regarding its ongoing share buy-back program. The company reported buying back a total of 123,776 ordinary fully paid securities on the previous day, adding to a cumulative total of 11,142,823 securities repurchased before that day. This buy-back initiative is part of Orica’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ORI) stock is a Hold 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
Average Trading Volume: 1,306,703
Technical Sentiment Signal: Buy
Current Market Cap: A$10.39B
See more data about ORI stock on TipRanks’ Stock Analysis page.