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Brambles ( (AU:BXB) ) has provided an update.
Brambles Limited has cancelled 387,223 fully paid ordinary shares on the ASX as part of an on-market buy-back, effective 11 May 2026. The reduction in issued capital reflects the company’s ongoing capital management program, which can enhance earnings per share and signal confidence in its financial position to investors.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$21.02 price target. To see the full list of analyst forecasts on Brambles stock, see the AU:BXB Stock Forecast page.
More about Brambles
Brambles Limited is a supply-chain logistics company best known for its pallet and container pooling services, trading on the ASX under the code BXB. The company operates globally, providing reusable pallets and related equipment that support manufacturers, retailers, and distributors across various industries.
Average Trading Volume: 3,037,245
Technical Sentiment Signal: Buy
Current Market Cap: A$30.59B
For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.