Brambles Limited ( (AU:BXB) ) has shared an announcement.
Brambles Limited has announced an update on its ongoing share buy-back program, reporting a total of 23,211,742 securities bought back before the previous day and an additional 564,731 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a positive move for stakeholders as it may lead to an increase in earnings per share.
More about Brambles Limited
Brambles Limited operates in the logistics industry, primarily focusing on supply chain solutions. The company is known for its pallet and container pooling services, which help businesses efficiently manage their logistics and reduce costs.
YTD Price Performance: 5.19%
Average Trading Volume: 12,127
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.34B
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