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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. As of the latest notification, the company has repurchased a total of 21,548,272 ordinary fully paid securities, with 292,732 bought back on the previous day. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure and enhance shareholder value, reflecting its commitment to returning excess capital to shareholders.
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 transportation industry, primarily focusing on rail freight services. The company is a significant player in the Australian market, providing essential logistics solutions for the movement of commodities such as coal, iron ore, and other bulk goods.
Average Trading Volume: 5,408,222
Technical Sentiment Signal: Buy
Current Market Cap: A$6.02B
Find detailed analytics on AZJ stock on TipRanks’ Stock Analysis page.