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Brambles ( (AU:BXB) ) has issued an announcement.
Brambles Limited has announced a daily update on its ongoing share buy-back program, with a total of 93,248 ordinary fully paid 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 strong financial position and confidence in its future performance.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.65 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 are essential for efficient goods transportation and storage.
Average Trading Volume: 3,237,306
Technical Sentiment Signal: Buy
Current Market Cap: A$32.54B
See more insights into BXB stock on TipRanks’ Stock Analysis page.