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Orica Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Orica reports continued progress in its on-market buy-back, repurchasing over 20.6 million shares to date.
  • The daily buy-back update underscores Orica’s capital management strategy and signals confidence in its financial position to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Orica Updates Market on Progress of On-Market Share Buy-Back

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Orica Limited ( (AU:ORI) ) has issued an update.

Orica Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, confirming that a total of 20,621,354 shares had been repurchased prior to the most recent trading day, with an additional 143,706 shares bought back on the previous day. The ongoing buy-back, first notified in March 2025 and now reported in a daily update, reflects the company’s continued capital management strategy, which can support earnings per share through a reduced share count and signals confidence in Orica’s financial position to investors.

The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 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 is an ASX-listed company (code ORI) best known as a global supplier of mining and civil blasting solutions, explosives and related services, serving resource, infrastructure and construction markets worldwide.

Average Trading Volume: 1,851,763

Technical Sentiment Signal: Buy

Current Market Cap: A$11.57B

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

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