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The latest announcement is out from Aurizon Holdings ( (AU:AZJ) ).
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program, revealing that a total of 1,444,962 ordinary fully paid securities were bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Buy with a A$3.70 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 and logistics industry, primarily focusing on rail freight services. The company is a leading provider of integrated freight and logistics solutions, serving various sectors including mining, agriculture, and retail across Australia.
YTD Price Performance: 8.27%
Average Trading Volume: 5,657,229
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.86B
See more insights into AZJ stock on TipRanks’ Stock Analysis page.