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An announcement from Aurizon Holdings ( (AU:AZJ) ) is now available.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program, with a total of 889,029 ordinary fully paid securities bought back on the previous day. This initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources.
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 leading rail freight operator in Australia, providing transportation services for a variety of industries. The company primarily focuses on the movement of coal, iron ore, and other bulk commodities, playing a crucial role in the country’s supply chain and logistics sector.
Average Trading Volume: 5,370,009
Technical Sentiment Signal: Buy
Current Market Cap: A$6.2B
Learn more about AZJ stock on TipRanks’ Stock Analysis page.