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Dyno Nobel Limited Updates on Share Buy-Back Program

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Dyno Nobel Limited Updates on Share Buy-Back Program

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Incitec Pivot ( (AU:DNL) ) has issued an update.

Dyno Nobel Limited has announced an update regarding its ongoing share buy-back program. The company, listed under the ASX security code DNL, has repurchased a total of 8,793,445 ordinary fully paid securities before the previous day and an additional 586,953 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: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: 5.75%

Average Trading Volume: 4,266,473

Technical Sentiment Signal: Buy

Current Market Cap: A$5.54B

See more insights into DNL stock on TipRanks’ Stock Analysis page.

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