Orora Ltd. ( (AU:ORA) ) has provided an update.
Orora Ltd. has announced an update on its ongoing on-market buy-back program, revealing that a total of 716,626 ordinary fully paid securities were bought back on the previous day, adding to the 45,196,260 securities already acquired. This buy-back initiative is part of Orora’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Orora Ltd.
Orora Ltd. operates in the packaging industry, providing a range of packaging solutions primarily focusing on the production and distribution of packaging products.
YTD Price Performance: -17.81%
Average Trading Volume: 25,872
Technical Sentiment Signal: Buy
Current Market Cap: $1.44B
Learn more about ORA stock on TipRanks’ Stock Analysis page.