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Brambles ( (AU:BXB) ) has issued an announcement.
Brambles Limited has announced the cessation of 6,474 fully paid ordinary securities due to an on-market buy-back, effective May 26, 2025. This move is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting its commitment to efficient capital management.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$16.60 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 the provision of supply chain solutions through the management of reusable pallets, crates, and containers. The company is known for its extensive network and expertise in pooling equipment and related services, which are essential for efficient supply chain operations.
Average Trading Volume: 3,544,773
Technical Sentiment Signal: Buy
Current Market Cap: A$30.15B
Learn more about BXB stock on TipRanks’ Stock Analysis page.