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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 1,460,674 securities bought back before the previous day and an additional 295,002 securities purchased on the previous day. This buy-back initiative is part of Brambles’ strategy to manage its capital structure and return value to shareholders, potentially impacting the company’s market positioning and shareholder value positively.
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 and supply chain industry, primarily focusing on providing pallet and container pooling services. The company is known for its sustainable and efficient supply chain solutions, catering to various sectors including consumer goods, fresh produce, and automotive industries.
Average Trading Volume: 3,753,409
Technical Sentiment Signal: Buy
Current Market Cap: A$34.52B
See more insights into BXB stock on TipRanks’ Stock Analysis page.