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Aurizon Holdings ( (AU:AZJ) ) has provided an update.
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 21,548,272 securities, with an additional 290,950 securities bought back on the previous day. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure and potentially enhance shareholder value.
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 operates in the rail transport industry, primarily providing freight transport services across Australia. The company focuses on transporting commodities such as coal, iron ore, and agricultural products, positioning itself as a key player in the logistics and infrastructure sector.
Average Trading Volume: 5,408,222
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.02B
Find detailed analytics on AZJ stock on TipRanks’ Stock Analysis page.