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An update from Aurizon Holdings ( (AU:AZJ) ) is now available.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program, highlighting the acquisition of 165,373 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 2,936,463. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
More about Aurizon Holdings
Aurizon Holdings Limited operates in the rail freight industry, providing transportation services primarily for coal, iron ore, and other bulk commodities across Australia. The company plays a significant role in the logistics and transportation sector, focusing on efficient and reliable freight solutions.
YTD Price Performance: 3.75%
Average Trading Volume: 5,457,387
Technical Sentiment Signal: Buy
Current Market Cap: A$5.62B
See more data about AZJ stock on TipRanks’ Stock Analysis page.