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Aurizon Holdings ( (AU:AZJ) ) has issued an update.
Aurizon Holdings Limited announced the cessation of 22,789,744 ordinary fully paid securities due to an on-market buy-back, effective June 30, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market perception positively by reducing the number of outstanding shares, thereby increasing shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.55 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 is a prominent player in the rail freight industry, providing transportation services across Australia. The company primarily focuses on the movement of coal, iron ore, and other bulk commodities, playing a crucial role in the supply chain of these industries.
YTD Price Performance: -5.32%
Average Trading Volume: 6,533,312
Technical Sentiment Signal: Sell
Current Market Cap: A$5.3B
For a thorough assessment of AZJ stock, go to TipRanks’ Stock Analysis page.