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An update from Brambles ( (AU:BXB) ) is now available.
Brambles Limited announced an update on its ongoing on-market share buy-back program, detailing the acquisition of 243,581 ordinary fully paid securities on the previous day, bringing the total count to 11,483,588 shares repurchased thus far. This initiative reflects the company’s commitment to optimizing shareholder value and efficient capital allocation, potentially strengthening its financial standing and market perception.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$27.50 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 within the logistics and supply chain industry, specializing in pallet pooling and reusable packaging solutions. The company serves a global market, focusing on increasing supply chain efficiency and sustainability across various sectors, including consumer goods, retail, and manufacturing.
Average Trading Volume: 3,085,494
Technical Sentiment Signal: Buy
Current Market Cap: A$30.95B
See more data about BXB stock on TipRanks’ Stock Analysis page.