tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Brambles Seeks ASX Quotation for New Shares Issued Under Employee Scheme

Story Highlights
  • Brambles has applied to list 388 new fully paid ordinary shares on the ASX.
  • The small share issue stems from an employee incentive scheme, slightly increasing Brambles’ free float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brambles Seeks ASX Quotation for New Shares Issued Under Employee Scheme

Claim 70% Off TipRanks This Holiday Season

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

Brambles Limited has applied to the ASX for quotation of 388 new fully paid ordinary shares issued on 22 December 2025, under an employee incentive scheme. While the number of securities is small relative to the company’s overall capital base, the move reflects ongoing use of equity-based remuneration to align employees’ interests with shareholders and may result in a marginal increase in the free float of Brambles’ shares on the market.

The most recent analyst rating on (AU:BXB) stock is a Buy with a A$27.50 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 is an Australia-based supply chain logistics company listed on the ASX under the code BXB, best known for its pooling of pallets, crates and containers that support fast-moving consumer goods, fresh produce and other industrial supply chains worldwide.

YTD Price Performance: 23.01%

Average Trading Volume: 3,175,892

Technical Sentiment Signal: Buy

Current Market Cap: A$31.29B

For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1