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Aurizon Holdings ( (AU:AZJ) ) has issued an announcement.
Aurizon Holdings Limited has announced the finalization of its on-market buy-back program, purchasing a total of 90,259,994 ordinary fully paid securities for approximately AUD 300 million. This buy-back is part of the company’s strategic efforts to optimize its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to returning capital to investors.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.03 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
More about Aurizon Holdings
Aurizon Holdings Limited operates in the transportation industry, primarily focusing on rail freight services. The company is a key player in the Australian market, providing essential logistics and transportation solutions across the country.
YTD Price Performance: -5.32%
Average Trading Volume: 6,533,312
Technical Sentiment Signal: Sell
Current Market Cap: A$5.3B
See more data about AZJ stock on TipRanks’ Stock Analysis page.