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Brambles Limited Announces Quotation of New Securities on ASX

Story Highlights
  • Brambles Limited applies for quotation of 97 fully paid ordinary securities on ASX.
  • The securities are part of an employee incentive scheme, enhancing engagement and performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brambles Limited Announces Quotation of New Securities on ASX

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

Brambles Limited has announced the application for the quotation of 97 fully paid ordinary 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 performance.

The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.70 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 supply chain logistics industry, primarily offering pallet and container pooling services. The company focuses on providing sustainable and efficient supply chain solutions to various sectors globally.

YTD Price Performance: 37.00%

Average Trading Volume: 3,847,503

Technical Sentiment Signal: Buy

Current Market Cap: A$35.5B

Find detailed analytics on BXB stock on TipRanks’ Stock Analysis page.

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