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Brambles updates market on CEO Graham Chipchase’s change in shareholding

Story Highlights
  • Brambles reported that CEO Graham Chipchase acquired 20 new shares and 20 conditional matched rights under its MyShare equity plan.
  • Chipchase now holds a significant mix of performance rights and over one million ordinary shares, reinforcing pay alignment with shareholders and meeting ASX disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brambles updates market on CEO Graham Chipchase’s change in shareholding

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The latest announcement is out from Brambles ( (AU:BXB) ).

Brambles Limited has lodged a Change of Director’s Interest Notice with the ASX, outlining an update to chief executive Graham Chipchase’s indirect holdings in the company’s securities. The change reflects the acquisition of 20 ordinary shares under the Brambles MyShare Plan, held by Certane SPV Management on his behalf, along with 20 new conditional matched share rights granted under the same employee equity scheme.

Following this transaction, Chipchase’s interests comprise a substantial portfolio of conditional performance share rights, conditional matched share rights, and more than one million ordinary shares held through external investment managers and trust structures. The notice underscores ongoing alignment between executive remuneration and shareholder value through equity-based incentives, while satisfying the company’s disclosure obligations under ASX listing rules.

The most recent analyst rating on (AU:BXB) stock is a Buy with a A$27.00 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 is an Australia-based company listed on the ASX that operates globally in supply-chain logistics, best known for its pooling of pallets and containers for fast-moving consumer goods, fresh produce, and industrial sectors. The group focuses on providing logistics infrastructure and related services that support manufacturers, distributors, and retailers across multiple regions.

YTD Price Performance: 9.23%

Average Trading Volume: 2,874,478

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$34.06B

See more data about BXB stock on TipRanks’ Stock Analysis page.

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