Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Brambles ( (AU:BXB) ) has provided an update.
Brambles Limited has announced an update on its ongoing share buy-back program, revealing that a total of 233,279 ordinary fully paid securities were bought back on the previous day, adding to the 77,052 securities bought back prior. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to efficient capital management.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.90 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 management solutions. The company is known for its pallet and container pooling services, catering to a wide range of industries globally.
Average Trading Volume: 3,682,864
Technical Sentiment Signal: Buy
Current Market Cap: A$36.31B
See more data about BXB stock on TipRanks’ Stock Analysis page.