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Brambles ( (AU:BXB) ) just unveiled an update.
Brambles Limited has announced an update on its ongoing share buy-back program, with a total of 29,734,482 securities bought back before the previous day and an additional 195,388 securities purchased on the previous day. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and enhance shareholder value, reflecting positively on its market positioning and commitment to returning capital to its investors.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$20.00 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 providing pallet and container pooling services. The company focuses on offering efficient and sustainable supply chain solutions to various sectors globally.
Average Trading Volume: 3,572,285
Technical Sentiment Signal: Buy
Current Market Cap: A$31.45B
Learn more about BXB stock on TipRanks’ Stock Analysis page.