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Aurizon Holdings ( (AU:AZJ) ) just unveiled an update.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program, with a total of 15,451,967 ordinary fully paid securities bought back before the previous day and an additional 582,882 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.50 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. It is a key player in the logistics sector, focusing on efficient and reliable freight solutions.
Average Trading Volume: 5,773,208
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.97B
Learn more about AZJ stock on TipRanks’ Stock Analysis page.