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The latest announcement is out from Brambles ( (AU:BXB) ).
Brambles Limited has announced an update regarding its ongoing share buy-back program, with a total of 162,435 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 7,356,941 securities repurchased. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to returning capital to shareholders.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$28.00 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 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.
Average Trading Volume: 3,669,209
Technical Sentiment Signal: Buy
Current Market Cap: A$32.53B
See more data about BXB stock on TipRanks’ Stock Analysis page.