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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 program, with a total of 90,095,857 securities bought back prior to the previous day and an additional 164,137 securities 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 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 is a prominent player in the rail freight industry, primarily offering transportation services for coal, iron ore, and other bulk commodities. The company focuses on providing efficient and reliable rail solutions across Australia, catering to both domestic and international markets.
Average Trading Volume: 6,436,217
Technical Sentiment Signal: Sell
Current Market Cap: A$5.32B
For a thorough assessment of AZJ stock, go to TipRanks’ Stock Analysis page.