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Orica Limited ( (AU:ORI) ) just unveiled an update.
Orica Limited has announced an update on its ongoing share buy-back program, detailing the acquisition of 337,125 ordinary fully paid securities on the previous day, bringing the total number of shares bought back to over 18 million. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and potentially enhance shareholder value.
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 is a company operating in the chemicals industry, primarily focusing on the production and supply of explosives and blasting systems for mining, quarrying, and construction markets.
Average Trading Volume: 1,516,054
Technical Sentiment Signal: Buy
Current Market Cap: A$10.12B
See more insights into ORI stock on TipRanks’ Stock Analysis page.