tiprankstipranks
Trending News
More News >

Brambles Limited Announces Cessation of Share Rights

Story Highlights
  • Brambles Limited operates in logistics, offering pallet and container pooling services.
  • Brambles ceased 25,832 share rights due to unmet conditions, impacting capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brambles Limited Announces Cessation of Share Rights

Don’t Miss TipRanks’ Half-Year Sale

An update from Brambles ( (AU:BXB) ) is now available.

Brambles Limited announced the cessation of 25,832 share rights due to the lapse of conditional rights, as the conditions were not met by the cessation date of June 30, 2025. This announcement may impact the company’s capital structure and could have implications for stakeholders regarding the company’s financial strategies and market positioning.

The most recent analyst rating on (AU:BXB) stock is a Buy with a A$20.00 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 and supply chain industry, providing pallet and container pooling services primarily to the consumer goods, fresh produce, beverage, and general manufacturing sectors. The company focuses on offering sustainable and efficient supply chain solutions globally.

Average Trading Volume: 3,980,004

Technical Sentiment Signal: Buy

Current Market Cap: A$31.88B

For an in-depth examination of BXB stock, go to TipRanks’ Overview 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