Insider Selling: Orora Limited (ASX:ORA) Insider Sells 150,000 Shares of Stock

Orora Limited (ASX:ORA) insider Brian Lowe sold 150,000 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of A$2.62 ($1.75), for a total transaction of A$393,300.00 ($262,200.00).

Orora Price Performance

The company has a current ratio of 1.59, a quick ratio of 0.55 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. 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 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.