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The latest announcement is out from Brambles ( (AU:BXB) ).
Brambles Limited has cancelled 726,218 ordinary fully paid shares as part of an on-market buy-back program, effective 13 March 2026. The reduction in issued capital may slightly enhance earnings per share and indicates an ongoing capital management strategy that can affect shareholder value and market perception of the company’s balance sheet discipline.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$27.00 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 an Australia-based company listed on the ASX under the code BXB. It operates in the logistics and supply-chain solutions industry, commonly known for pooling and managing pallets and containers to support global transport and warehousing operations.
Average Trading Volume: 2,852,986
Technical Sentiment Signal: Buy
Current Market Cap: A$31.46B
Find detailed analytics on BXB stock on TipRanks’ Stock Analysis page.