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Brambles ( (AU:BXB) ) has shared an announcement.
Brambles Limited has announced an update regarding its ongoing buy-back program, indicating a daily buy-back of its ordinary fully paid securities. The company reported that a total of 198,943 securities were bought back on the previous day, adding to the cumulative total of 7,157,998 securities bought back before the previous day. This buy-back initiative is part of Brambles’ strategy 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$28.00 price target. To see the full list of analyst forecasts on Brambles stock, see the AU:BXB Stock Forecast page.
More about Brambles
Average Trading Volume: 3,707,117
Technical Sentiment Signal: Buy
Current Market Cap: A$32.58B
See more insights into BXB stock on TipRanks’ Stock Analysis page.