Orora Limited (ASX:ORA – Get Free Report) insider Brian Lowe sold 150,000 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of A$2.62 ($1.77), for a total value of A$393,300.00 ($265,743.24).
Orora Stock Performance
The company has a debt-to-equity ratio of 115.60, a quick ratio of 0.55 and a current ratio of 1.59.
Orora Cuts Dividend
The firm also recently announced a Final dividend, which will be paid on Monday, October 7th. Shareholders of record on Monday, October 7th will be issued a dividend of $0.05 per share. This represents a yield of 2.01%. The ex-dividend date is Thursday, August 29th. Orora’s payout ratio is 66.67%.
About Orora
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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