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The latest update is out from Aurizon Holdings ( (AU:AZJ) ).
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest notification, the company has bought back a total of 84,465,774 securities, with an additional 1,815,976 securities repurchased on the previous day. This buy-back strategy is part of Aurizon’s efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.55 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 focusing on freight services. It is a significant player in the Australian market, providing essential logistics services for various sectors.
Average Trading Volume: 7,078,225
Technical Sentiment Signal: Sell
Current Market Cap: A$5.35B
See more insights into AZJ stock on TipRanks’ Stock Analysis page.