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Brambles ( (AU:BXB) ) has provided an announcement.
Brambles Limited announced the cessation of 184,520 ordinary fully paid securities due to an on-market buy-back, effective September 30, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market perception by reducing the number of shares outstanding, which may benefit existing shareholders.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.90 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 a supply-chain logistics company specializing in the pooling of unit-load equipment, pallets, crates, and containers. It operates primarily in the logistics and supply chain industry, focusing on providing efficient and sustainable solutions for the transportation and storage of goods.
YTD Price Performance: 31.61%
Average Trading Volume: 3,561,186
Technical Sentiment Signal: Buy
Current Market Cap: A$33.61B
See more insights into BXB stock on TipRanks’ Stock Analysis page.