ASX:DOWCommercial Services
A Look At Downer EDI’s Valuation After Buy-Back Progress And Macquarie’s Exit As Substantial Holder
Why Downer EDI (ASX:DOW) Is Back on Investors’ Radar
Downer EDI (ASX:DOW) has updated the market on its on-market share buy-back and disclosed that Macquarie Group is no longer a substantial holder, two developments that reshape the current investor mix.
See our latest analysis for Downer EDI.
The latest buy-back update and Macquarie’s exit as a substantial holder come as the stock trades at A$8.05. Short term share price momentum is picking up and multi year total shareholder returns are...