Orora Limited (ASX:ORA – Get Free Report) insider Michael Fraser purchased 38,431 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was acquired at an average price of A$2.63 ($1.78) per share, with a total value of A$101,073.53 ($68,292.93).
Orora Stock Performance
The company has a quick ratio of 0.55, a current ratio of 1.59 and a debt-to-equity ratio of 115.60.
Orora Cuts Dividend
The business also recently declared a Final dividend, which will be paid on Monday, October 7th. Shareholders of record on Monday, October 7th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This represents a dividend yield of 2.01%. Orora’s dividend payout ratio is currently 66.67%.
Orora Company Profile
Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.
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