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Orora ( (AU:ORA) ) has provided an announcement.
Orora Limited, an ASX-listed packaging group trading under the ticker ORA, has ordinary fully paid shares on issue that are actively traded on the Australian Securities Exchange. The company utilizes on-market transactions as a tool for managing its capital base and returning value to shareholders over time.
The company has provided an updated notification of its ongoing on-market share buy-back program, reporting that a total of 7,720,167 shares had been repurchased prior to the latest trading day. Orora disclosed that it bought back an additional 140,359 shares on the previous day, signaling continued execution of its capital management strategy and a reduction in the free float of its ordinary shares.
The most recent analyst rating on (AU:ORA) stock is a Hold with a A$2.00 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 is an Australia-based packaging company listed on the ASX under the code ORA, primarily issuing ordinary fully paid shares to investors. The group operates in packaging and related services, providing its equity securities to the public markets as part of its capital structure and shareholder base management strategy.
Average Trading Volume: 3,837,277
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.4B
For an in-depth examination of ORA stock, go to TipRanks’ Overview page.