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Orora ( (AU:ORA) ) just unveiled an update.
Orora Limited has announced an update on its ongoing on-market buy-back program, with a total of 49,593,065 securities bought back before the previous day and an additional 467,636 securities bought back on the previous day. This buy-back initiative is part of Orora’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to returning capital to its shareholders.
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 services. The company focuses on delivering innovative and sustainable packaging options to various markets.
Average Trading Volume: 5,404,739
Technical Sentiment Signal: Sell
Current Market Cap: A$2.46B
Find detailed analytics on ORA stock on TipRanks’ Stock Analysis page.