Orora Ltd. ( (AU:ORA) ) has shared an update.
Orora Ltd. has announced an update on its ongoing on-market buy-back program, revealing that a total of 32,767,957 ordinary fully paid securities have been bought back to date, with an additional 260,494 securities acquired on the previous day. This buy-back initiative is part of Orora’s strategy to optimize its capital structure and deliver value to shareholders, reflecting the company’s commitment to enhancing shareholder returns.
More about Orora Ltd.
Orora Ltd. operates in the packaging industry, providing a range of packaging solutions primarily for the beverage and food sectors. The company focuses on delivering innovative and sustainable packaging products to its clients across various markets.
YTD Price Performance: -3.16%
Average Trading Volume: 33,794
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.67B
For detailed information about ORA stock, go to TipRanks’ Stock Analysis page.