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The latest announcement is out from Aurizon Holdings ( (AU:AZJ) ).
Aurizon Holdings Limited has announced a daily update on its ongoing on-market buy-back program, revealing that a total of 156,423 ordinary fully paid securities were repurchased on the previous day, adding to the cumulative total of 3,852,532 securities bought back so far. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources.
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 for bulk commodities and general freight across Australia. The company is a key player in the logistics sector, focusing on efficient and reliable rail solutions.
Average Trading Volume: 5,586,881
Technical Sentiment Signal: Buy
Current Market Cap: A$5.62B
Find detailed analytics on AZJ stock on TipRanks’ Stock Analysis page.