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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.