Orora Limited (ASX:ORA – Get Free Report) insider Michael Fraser bought 38,431 shares of Orora stock in a transaction that occurred on Wednesday, September 11th. The stock was bought at an average cost of A$2.63 ($1.78) per share, for a total transaction of A$101,073.53 ($68,292.93).
Orora Stock Performance
The company has a debt-to-equity ratio of 115.60, a current ratio of 1.59 and a quick ratio of 0.55.
Orora Cuts Dividend
The company also recently announced a Final dividend, which will be paid on Monday, October 7th. Investors of record on Monday, October 7th will be paid a $0.05 dividend. This represents a yield of 2.01%. The ex-dividend date of this dividend is Thursday, August 29th. Orora’s payout ratio is 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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