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Orora Limited Updates on Market Buy-Back Progress

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Orora Limited Updates on Market Buy-Back Progress

Confident Investing Starts Here:

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.

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