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Orica Limited ( (AU:ORI) ) just unveiled an update.
Orica Limited has announced an update regarding its ongoing share buy-back program, revealing that a total of 411,714 ordinary fully paid securities were bought back on the previous day. This move is part of a broader strategy to manage capital efficiently and enhance shareholder value, reflecting Orica’s commitment to optimizing its financial structure and market positioning.
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
Orica Limited operates in the chemicals industry, primarily focusing on the production and supply of explosives and blasting systems for mining, quarrying, and construction industries. The company is a key player in the global market for mining services and solutions.
Average Trading Volume: 1,349,888
Technical Sentiment Signal: Buy
Current Market Cap: A$9.97B
For an in-depth examination of ORI stock, go to TipRanks’ Overview page.