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Brambles Limited Updates on Ongoing Buy-Back Program

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Brambles Limited Updates on Ongoing Buy-Back Program

Confident Investing Starts Here:

An announcement from Brambles ( (AU:BXB) ) is now available.

Brambles Limited announced an update on its ongoing on-market buy-back program, revealing that a total of 27,731,846 securities have been bought back to date, with 107,145 securities purchased on the previous day. This buy-back initiative is part of the company’s 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$16.60 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 providing pallet and container pooling services, which are essential for efficient logistics and supply chain management.

Average Trading Volume: 3,627,895

Technical Sentiment Signal: Buy

Current Market Cap: A$29.73B

For an in-depth examination of BXB stock, go to TipRanks’ Stock Analysis page.

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