The latest announcement is out from Orora Ltd. ( (AU:ORA) ).
Orora Ltd. announced the cessation of 32,352,485 ordinary fully paid securities due to an on-market buy-back, effective March 4, 2025. This move is part of Orora’s capital management strategy and could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share.
More about Orora Ltd.
Orora Ltd. 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 sectors, including food, beverage, and industrial markets.
YTD Price Performance: -3.42%
Average Trading Volume: 33,794
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.76B
For detailed information about ORA stock, go to TipRanks’ Stock Analysis page.