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An update from Brambles ( (AU:BXB) ) is now available.
Brambles Limited has announced the quotation of 51,462 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance the company’s market presence and provide additional liquidity, reflecting Brambles’ ongoing commitment to rewarding its employees and strengthening its financial position.
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 industry, primarily focusing on the provision of supply chain solutions. The company is known for its pooling of unit-load equipment, pallets, crates, and containers, serving various sectors including fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries.
Average Trading Volume: 3,501,895
Technical Sentiment Signal: Buy
Current Market Cap: A$33.87B
Learn more about BXB stock on TipRanks’ Stock Analysis page.