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Orora ( (AU:ORA) ) has issued an announcement.
Orora Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 550,074 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 84,619,747. 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 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, offering a range of packaging solutions and products. The company focuses on providing innovative packaging solutions to various markets, including beverages, food, and other consumer goods.
Average Trading Volume: 5,170,324
Technical Sentiment Signal: Sell
Current Market Cap: A$2.6B
For detailed information about ORA stock, go to TipRanks’ Stock Analysis page.