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Orora ( (AU:ORA) ) has provided an announcement.
Orora Limited has announced a change in the interest of its director, Thomas Joseph Gorman, who acquired 25,000 fully paid ordinary shares through on-market purchases. This acquisition increases his total holdings to 103,000 shares, reflecting a strategic move to strengthen his stake in the company. The transaction, executed outside a closed period, underscores confidence in Orora’s market position and potential growth, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (AU:ORA) stock is a Buy with a A$2.70 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 operates in the packaging industry, providing a range of packaging solutions and products. The company’s primary focus is on delivering innovative and sustainable packaging solutions to various markets, including food, beverage, and industrial sectors.
YTD Price Performance: -18.64%
Average Trading Volume: 4,861,155
Technical Sentiment Signal: Sell
Current Market Cap: A$2.52B
See more data about ORA stock on TipRanks’ Stock Analysis page.