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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.