tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Orica Limited Updates Share Buy-Back Progress

Story Highlights
Orica Limited Updates Share Buy-Back Progress

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.

Orica Limited ( (AU:ORI) ) just unveiled an update.

Orica Limited has announced an update to its ongoing share buy-back program, with a total of 167,783 ordinary fully paid securities bought back on the previous day, bringing the total number of securities bought back to 10,371,705. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and return value to shareholders, potentially enhancing its market position and investor confidence.

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 mining services industry, providing commercial explosives and blasting systems to the mining, quarrying, oil and gas, and construction markets. The company is a global leader in its field, focusing on delivering innovative solutions to enhance productivity and safety in these sectors.

Average Trading Volume: 1,449,905

Technical Sentiment Signal: Buy

Current Market Cap: A$10.22B

Find detailed analytics on ORI stock on 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