tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dyno Nobel Limited Updates On-Market Buy-Back Progress

Story Highlights
Dyno Nobel Limited Updates On-Market Buy-Back Progress

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Incitec Pivot ( (AU:DNL) ) is now available.

Dyno Nobel Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest notification, the company has bought back a total of 4,648,095 securities on the previous day, adding to a cumulative total of 943,513 securities bought back before 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:DNL) stock is a Hold with a A$3.15 price target. To see the full list of analyst forecasts on Incitec Pivot stock, see the AU:DNL Stock Forecast page.

More about Incitec Pivot

YTD Price Performance: 2.65%

Average Trading Volume: 4,451,088

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.39B

For an in-depth examination of DNL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1