Brambles Limited ( (AU:BXB) ) has provided an announcement.
Brambles Limited has announced an update on its ongoing share buy-back program, revealing that a total of 552,634 ordinary fully paid securities were bought back on the previous day, bringing the total number to 21,711,089. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to returning surplus capital to shareholders.
More about Brambles Limited
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 across various markets.
YTD Price Performance: 7.39%
Average Trading Volume: 12,900
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.94B
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