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Aurizon Holdings ( (AU:AZJ) ) just unveiled an update.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program, revealing the purchase of 479,611 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 225,793. This move is part of Aurizon’s strategy to optimize its capital structure, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 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 primarily for coal, iron ore, and other bulk commodities across Australia. The company focuses on enhancing its operational efficiency and market presence within the logistics and transportation sectors.
Average Trading Volume: 5,833,707
Technical Sentiment Signal: Buy
Current Market Cap: A$5.67B
See more data about AZJ stock on TipRanks’ Stock Analysis page.