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Orora ( (AU:ORA) ) has provided an announcement.
Orora Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 2,174,764 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 70,894,550. This buy-back initiative is part of Orora’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s strong financial position and commitment to returning capital to its investors.
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 and products. The company focuses on delivering innovative and sustainable packaging solutions to various markets, including food, beverage, and industrial sectors.
YTD Price Performance: -12.23%
Average Trading Volume: 4,817,476
Technical Sentiment Signal: Hold
Current Market Cap: A$2.62B
Learn more about ORA stock on TipRanks’ Stock Analysis page.