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Orora ( (AU:ORA) ) has shared an update.
Orora Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 48,715,680 ordinary fully paid securities have been bought back to date, with an additional 386,011 securities purchased on the previous day. This buy-back initiative is part of Orora’s strategy to manage its capital structure, potentially enhancing shareholder value by reducing the number of shares outstanding.
More about Orora
YTD Price Performance: -23.49%
Average Trading Volume: 18,670
Technical Sentiment Signal: Buy
Current Market Cap: $1.54B
See more data about ORA stock on TipRanks’ Stock Analysis page.