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Brambles ( (AU:BXB) ) just unveiled an announcement.
Brambles Limited has announced an update regarding its ongoing on-market buy-back program. As of June 6, 2025, the company has repurchased a total of 29,538,324 ordinary fully paid securities, including 267,882 bought back on the previous day. This buy-back initiative is part of Brambles’ strategy to manage its capital structure and enhance shareholder value, reflecting positively on its market position and financial health.
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 the provision of supply chain solutions. The company is known for its pallet and container pooling services, which are integral to the efficient movement of goods across various markets.
Average Trading Volume: 3,641,517
Technical Sentiment Signal: Buy
Current Market Cap: A$32.1B
Learn more about BXB stock on TipRanks’ Stock Analysis page.
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