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Orora ( (AU:ORA) ) has shared an update.
Orora Limited has notified the market of the cessation of 879,001 performance rights, recorded under the ASX security code ORAAB, following the lapse of conditional rights that could not be satisfied. The cancellation of these rights, effective 20 January 2026, results in a reduction of potential future equity dilution and slightly tightens the company’s pool of outstanding incentive securities, with limited direct impact on existing shareholders’ current holdings.
The most recent analyst rating on (AU:ORA) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Orora stock, see the AU:ORA Stock Forecast page.
More about Orora
Orora Limited is an Australia-based company listed on the ASX under the code ORA. The company operates in the packaging sector, issuing various equity-based incentives such as performance rights as part of its capital management and employee or executive remuneration structures.
Average Trading Volume: 3,837,277
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.4B
See more insights into ORA stock on TipRanks’ Stock Analysis page.