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Brambles ( (AU:BXB) ) has issued an announcement.
Brambles Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 11,483,588 securities, indicating a strategic move to manage its capital structure and potentially enhance shareholder value.
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 in the logistics industry, primarily focusing on supply chain solutions. The company is known for its pallet and container pooling services, which are essential for efficient goods transportation and storage across various markets.
Average Trading Volume: 3,084,533
Technical Sentiment Signal: Buy
Current Market Cap: A$31.25B
For an in-depth examination of BXB stock, go to TipRanks’ Overview page.