Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Orora ( (AU:ORA) ) has issued an update.
Orora Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 387,312 ordinary fully paid securities on the previous day, bringing the total to 57,753,612 securities bought back. This buy-back initiative is part of Orora’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial position and 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, providing a range of packaging solutions and services. The company focuses on delivering innovative and sustainable packaging products to various markets.
YTD Price Performance: -24.47%
Average Trading Volume: 4,038,982
Technical Sentiment Signal: Sell
Current Market Cap: A$2.33B
Learn more about ORA stock on TipRanks’ Stock Analysis page.