tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Brambles Limited Announces Cessation of Securities Through Buy-Back

Story Highlights
Brambles Limited Announces Cessation of Securities Through Buy-Back

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Brambles ( (AU:BXB) ) has issued an announcement.

Brambles Limited announced the cessation of 233,279 ordinary fully paid securities due to an on-market buy-back, effective September 11, 2025. This move is part of the company’s ongoing capital management strategy, potentially impacting its share value and market perception positively by demonstrating financial health and shareholder value enhancement.

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 industry, primarily focusing on supply chain solutions. The company is known for its pooling of unit-load equipment, pallets, crates, and containers, serving various sectors including consumer goods, fresh produce, and automotive industries.

Average Trading Volume: 3,682,864

Technical Sentiment Signal: Buy

Current Market Cap: A$36.31B

See more insights into BXB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1