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An update from Brambles ( (AU:BXB) ) is now available.
Brambles Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 5,643,336 securities have been bought back prior to the previous day, with an additional 206,188 securities acquired on the previous day. This buy-back initiative is part of Brambles’ strategy to manage capital efficiently and enhance shareholder value, reflecting the company’s strong financial position and commitment to returning capital to shareholders.
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
Brambles Limited operates in the logistics and supply chain industry, primarily focusing on providing pallet and container pooling services. The company is known for its extensive network and expertise in supply chain logistics, serving a wide range of industries globally.
YTD Price Performance: 32.78%
Average Trading Volume: 3,667,928
Technical Sentiment Signal: Buy
Current Market Cap: A$33.88B
See more insights into BXB stock on TipRanks’ Stock Analysis page.