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The latest update is out from Orora ( (AU:ORA) ).
Orora Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 670,218 ordinary fully paid securities were bought back on the previous day, adding to the 51,645,628 securities already repurchased. This buy-back initiative is part of Orora’s strategy to enhance shareholder value and optimize its capital structure, reflecting a strong financial position and confidence in its future growth prospects.
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, offering a range of packaging solutions and services. The company focuses on providing innovative and sustainable packaging products to various markets, including food, beverage, and industrial sectors.
Average Trading Volume: 4,806,792
Technical Sentiment Signal: Sell
Current Market Cap: A$2.47B
Find detailed analytics on ORA stock on TipRanks’ Stock Analysis page.