Brambles Updates Market on Ongoing On-Market Share Buy-Back

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

Brambles Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The update reflects the company’s continued execution of its capital management plan under the previously announced buy-back framework.

The company reported that a total of 22,377,289 shares had been repurchased prior to the latest trading day, with an additional 317,300 shares bought back on the previous day. This daily disclosure signals sustained activity in reducing the share count, which may support earnings per share and indicates Brambles’ commitment to returning capital to shareholders while actively managing its balance sheet.

The most recent analyst rating on (AU:BXB) stock is a Buy with a A$25.50 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, listed on the ASX under the code BXB, is a company whose ordinary fully paid shares are actively traded on the Australian market. The group is subject to ASX disclosure rules and uses share buy-backs as part of its capital management strategy to manage its equity base and optimise shareholder value.

YTD Price Performance: -2.72%

Average Trading Volume: 3,066,043

Technical Sentiment Signal: Buy

Current Market Cap: A$29.71B

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