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Brambles Limited Announces Quotation of New Securities on ASX

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Brambles Limited Announces Quotation of New Securities on ASX

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Brambles ( (AU:BXB) ) has issued an update.

Brambles Limited has announced the application for the quotation of 488 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code BXB. This move, involving securities issued under an employee incentive scheme, reflects the company’s ongoing efforts to enhance its market presence and incentivize its workforce, potentially impacting its operational dynamics and stakeholder interests.

The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.90 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 providing pallet and container pooling services. The company focuses on offering efficient and sustainable supply chain solutions to various sectors globally.

YTD Price Performance: 35.30%

Average Trading Volume: 3,725,361

Technical Sentiment Signal: Buy

Current Market Cap: A$34.62B

Learn more about BXB stock on TipRanks’ Stock Analysis page.

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