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The latest announcement is out from Downer EDI Limited ( (AU:DOW) ).
Downer EDI Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 625,926 securities, with an additional 168,832 securities bought back on the previous day. This buy-back initiative is part of Downer’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:DOW) stock is a Buy with a A$7.75 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.
More about Downer EDI Limited
Downer EDI Limited operates in the engineering and infrastructure management services industry, offering a range of services including transportation, utilities, facilities, and asset management. The company focuses on providing integrated solutions to clients in sectors such as transport, telecommunications, and resources.
YTD Price Performance: 43.23%
Average Trading Volume: 1,425,375
Technical Sentiment Signal: Buy
Current Market Cap: A$4.85B
Find detailed analytics on DOW stock on TipRanks’ Stock Analysis page.