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Downer EDI Limited ( (AU:DOW) ) just unveiled an announcement.
Downer EDI Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 4,298,474 securities bought back before the previous day and an additional 172,938 securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:DOW) stock is a Hold with a A$8.00 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, providing integrated services in Australia and New Zealand. The company focuses on transport, utilities, facilities, and asset services, catering to both public and private sector clients.
Average Trading Volume: 1,489,767
Technical Sentiment Signal: Buy
Current Market Cap: A$5.09B
For a thorough assessment of DOW stock, go to TipRanks’ Stock Analysis page.