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Orora ( (AU:ORA) ) has provided an update.
Orora Limited has announced an update on its ongoing share buy-back program, revealing that a total of 101,948,003 ordinary fully paid securities have been bought back prior to the previous day, with an additional 737,617 securities bought back on the previous day. This buy-back initiative is part of Orora’s strategy to optimize its capital structure and enhance shareholder value, potentially impacting its market positioning and financial performance positively.
The most recent analyst rating on (AU:ORA) stock is a Hold with a A$2.50 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 packaging solutions to various markets, enhancing product presentation and protection.
YTD Price Performance: -6.69%
Average Trading Volume: 4,591,962
Technical Sentiment Signal: Buy
Current Market Cap: A$2.72B
Find detailed analytics on ORA stock on TipRanks’ Stock Analysis page.