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Brambles Limited Announces Quotation of New Securities

Story Highlights
  • Brambles Limited is a key player in logistics, offering pallet and container pooling services.
  • The company is quoting 1,035 new securities on ASX under an employee incentive scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brambles Limited Announces Quotation of New Securities

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Brambles ( (AU:BXB) ) has shared an announcement.

Brambles Limited has announced the application for quotation of 1,035 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, indicating a strategic move to enhance employee engagement and potentially improve operational efficiency.

The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.65 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, primarily focusing on providing pallet and container pooling services. The company is known for its extensive network and expertise in supply chain solutions, serving various sectors globally.

Average Trading Volume: 3,501,895

Technical Sentiment Signal: Buy

Current Market Cap: A$33.87B

For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.

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