Aurizon Holdings Ltd. (AU:AZJ) has released an update.
Aurizon Holdings has announced an extension to its on-market share buyback program, increasing it by $100 million to a total potential size of $250 million. This move is supported by strong cash flows and recent litigation settlements, as the company also reports a rise in coal and network volumes, though bulk volumes have decreased due to lower bauxite/alumina and grain railings. Investors may find potential in Aurizon’s anticipated stronger performance in the second half of FY2025.
For further insights into AU:AZJ stock, check out TipRanks’ Stock Analysis page.
