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Brambles ( (AU:BXB) ) has issued an update.
Brambles Limited has announced an update on its ongoing on-market buy-back program, with a total of 10,805,584 securities bought back before the previous day and an additional 214,807 securities bought back on the previous day. This buy-back initiative reflects the company’s strategic focus on optimizing its capital structure and delivering value to its shareholders, potentially enhancing its market position and financial performance.
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 and supply chain industry, primarily providing pallet and container pooling services. The company focuses on offering sustainable and efficient supply chain solutions to various sectors, including consumer goods, fresh produce, and automotive industries.
Average Trading Volume: 3,125,003
Technical Sentiment Signal: Buy
Current Market Cap: A$31.28B
For an in-depth examination of BXB stock, go to TipRanks’ Overview page.