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Orora Director Increases Stake with Share Acquisition

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Orora Director Increases Stake with Share Acquisition

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Orora ( (AU:ORA) ) has shared an announcement.

Orora Limited has announced a change in the interests of its director, Thomas Joseph Gorman, who has acquired 5,000 additional fully paid ordinary shares, bringing his total to 108,000 shares. This on-market purchase reflects an increase in the director’s stake in the company, potentially signaling confidence in Orora’s future performance and stability, which may have implications for investor sentiment and the company’s market perception.

The most recent analyst rating on (AU:ORA) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Orora stock, see the AU:ORA Stock Forecast page.

More about Orora

Average Trading Volume: 5,106,871

Technical Sentiment Signal: Sell

Current Market Cap: A$2.57B

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

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