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Orica Reports Lapse of 104,887 Performance Rights After Unmet Conditions

Story Highlights
  • Orica Limited announced that 104,887 ORIAB performance rights lapsed on 31 March 2026 after failing to satisfy their conditions.
  • The lapse of these conditional securities slightly reduces potential equity dilution and reflects unmet performance hurdles in Orica’s incentive schemes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Orica Reports Lapse of 104,887 Performance Rights After Unmet Conditions

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An update from Orica Limited ( (AU:ORI) ) is now available.

Orica Limited has notified the market that 104,887 performance rights, trading under the ASX code ORIAB, have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied as of 31 March 2026. The cessation of these conditional securities modestly reduces Orica’s pool of potential equity issuance under its incentive schemes, which may slightly limit future dilution for existing shareholders while signaling that certain performance hurdles tied to these rights were not achieved.

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, listed on the ASX under the code ORI, is a major Australian company operating in the chemicals and mining services sector, best known for supplying commercial explosives and blasting systems to the resources and infrastructure industries. The group also provides related technical services and solutions that support large-scale mining and construction operations worldwide.

Average Trading Volume: 2,029,521

Technical Sentiment Signal: Buy

Current Market Cap: A$9.41B

See more insights into ORI stock on TipRanks’ Stock Analysis page.

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