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Orica Limited Announces Director’s Acquisition of Performance Rights

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Orica Limited Announces Director’s Acquisition of Performance Rights

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Orica Limited ( (AU:ORI) ) has issued an announcement.

Orica Limited has announced a change in the director’s interest in securities, specifically for director Sanjiv Kumar Gandhi. On February 5, 2025, Gandhi acquired 199,015 Performance Rights under the 2025 Orica Long Term Incentive Plan, increasing his total holdings of Performance Rights to 654,699. This change reflects the company’s strategy to align its leadership’s interests with long-term shareholder value creation, potentially impacting stakeholder confidence in Orica’s leadership and strategic direction.

More about Orica Limited

Orica Limited is a company that operates in the industrial sector, primarily focusing on the production and supply of explosives and blasting systems for mining, quarrying, and construction markets. It is a prominent player in the global market for mining services, offering specialized solutions and technologies to enhance productivity and safety in these industries.

YTD Price Performance: -3.57%

Average Trading Volume: 629

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.3B

For a thorough assessment of ORI stock, go to TipRanks’ Stock Analysis page.

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