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Brambles ( (AU:BXB) ) just unveiled an announcement.
Brambles Limited has announced the issuance of 74,184 unquoted equity securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of Brambles’ strategy to incentivize employees and align their interests with the company’s growth objectives, potentially impacting its operational efficiency and stakeholder engagement.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.65 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 operates in the logistics and supply chain industry, primarily focusing on providing reusable pallets, crates, and containers to various sectors, including consumer goods, fresh produce, and automotive industries.
YTD Price Performance: 28.51%
Average Trading Volume: 3,222,105
Technical Sentiment Signal: Buy
Current Market Cap: A$32.74B
Find detailed analytics on BXB stock on TipRanks’ Stock Analysis page.