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Orora ( (AU:ORA) ) has provided an update.
Orora Limited has announced an update on its ongoing on-market buy-back program, with a total of 74,866,665 securities bought back before the previous day and an additional 496,986 securities on the previous day. This buy-back initiative is part of Orora’s strategy to manage its capital structure and could potentially enhance shareholder value by reducing the number of outstanding shares.
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 operates in the packaging industry, providing a range of packaging solutions primarily focused on the manufacturing and distribution of packaging products and services.
Average Trading Volume: 4,812,887
Technical Sentiment Signal: Buy
Current Market Cap: A$2.69B
For an in-depth examination of ORA stock, go to TipRanks’ Overview page.