Orica (ASX:ORI) said it will repurchase ordinary shares worth up to AU$400 million in an on-market buyback program, according to a Wednesday filing with the Australian bourse.
The repurchases are expected to start on or after March 28, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.