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Brambles Limited Announces Cessation of Securities

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Brambles Limited Announces Cessation of Securities

Brambles Limited ( (AU:BXB) ) just unveiled an announcement.

Brambles Limited announced the cessation of 243,859 ordinary fully paid securities as part of an on-market buy-back, effective March 28, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of shares outstanding.

More about Brambles Limited

Brambles Limited is a global supply chain logistics company specializing in the provision of reusable pallets, crates, and containers. The company primarily serves the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries.

YTD Price Performance: 16.24%

Average Trading Volume: 10,598

Technical Sentiment Signal: Sell

Current Market Cap: $17.87B

For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.

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