tiprankstipranks
Trending News
More News >

Brambles Limited Updates on Share Buy-Back Progress

Story Highlights
Brambles Limited Updates on Share Buy-Back Progress

Confident Investing Starts Here:

Brambles ( (AU:BXB) ) has provided an announcement.

Brambles Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 122,699 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 28,113,858. This buy-back initiative is part of Brambles’ strategic efforts to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.

The most recent analyst rating on (AU:BXB) stock is a Buy with a A$16.60 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 extensive network and efficient solutions that cater to various sectors, including consumer goods, fresh produce, and automotive industries.

YTD Price Performance: 16.37%

Average Trading Volume: 3,507,416

Technical Sentiment Signal: Buy

Current Market Cap: A$30.2B

See more insights into BXB stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App