Incitec Pivot Limited (AU:IPL) has released an update.
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Incitec Pivot Limited has officially announced the cancellation of 8,640,216 of its ordinary fully paid securities as part of an on-market buy-back, effective September 13, 2024. This significant move, detailed in their latest announcement, is aimed at reducing the company’s outstanding shares and could potentially impact the stock’s value and shareholder returns.
For further insights into AU:IPL stock, check out TipRanks’ Stock Analysis page.