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An update from Orica Limited ( (AU:ORI) ) is now available.
Orica Limited has announced an update regarding its ongoing share buy-back program, with a total of 17,078,583 securities bought back before the previous day and an additional 418,982 securities bought back on the previous day. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and return value to shareholders, potentially enhancing its market position and financial performance.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
More about Orica Limited
Orica Limited operates in the chemicals industry, primarily focusing on the production of explosives and blasting systems for mining, quarrying, and construction industries. The company is a significant player in its market, providing essential products and services that support resource extraction and infrastructure development.
Average Trading Volume: 1,483,090
Technical Sentiment Signal: Buy
Current Market Cap: A$10B
For an in-depth examination of ORI stock, go to TipRanks’ Overview page.