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Brambles Limited Announces Cessation of Securities via Buy-Back

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Brambles Limited Announces Cessation of Securities via Buy-Back

Confident Investing Starts Here:

The latest update is out from Brambles ( (AU:BXB) ).

Brambles Limited has announced the cessation of 122,700 ordinary fully paid securities due to an on-market buy-back, effective May 27, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing its capital structure and enhancing shareholder value.

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 providing supply chain solutions through the management of reusable pallets and containers. The company focuses on enhancing supply chain efficiency and sustainability for its clients across various sectors.

YTD Price Performance: 16.37%

Average Trading Volume: 3,524,600

Technical Sentiment Signal: Buy

Current Market Cap: A$30.2B

Learn more about BXB stock on TipRanks’ Stock Analysis page.

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