The latest announcement is out from Orora Ltd. ( (AU:ORA) ).
Orora Ltd. has announced an update regarding its ongoing on-market buy-back program, with a total of 33,028,451 securities bought back before the previous day and an additional 1,350,060 securities bought back on the previous day. This buy-back initiative is part of Orora’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to returning capital to its shareholders.
More about Orora Ltd.
Orora Ltd. operates in the packaging industry, focusing on providing a range of packaging solutions including glass, aluminum, and fiber packaging products. The company serves various markets, including beverage, food, and consumer goods sectors.
YTD Price Performance: -3.42%
Average Trading Volume: 33,794
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.68B
For detailed information about ORA stock, go to TipRanks’ Stock Analysis page.