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The latest announcement is out from Brambles ( (AU:BXB) ).
Brambles Limited announced the cessation of 256,871 ordinary fully paid securities as part of an on-market buy-back, effective September 16, 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, which can enhance shareholder value.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.90 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 pallet and container pooling services. The company is known for its global reach and efficiency in managing reusable pallets and containers, which are essential for the transportation and storage of goods across various markets.
YTD Price Performance: 35.30%
Average Trading Volume: 3,725,361
Technical Sentiment Signal: Buy
Current Market Cap: A$34.62B
Learn more about BXB stock on TipRanks’ Stock Analysis page.