tiprankstipranks
Trending News
More News >

Brambles Limited Announces Cessation of Securities via Buy-Back

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

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report 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