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The latest update is out from Brambles ( (AU:BXB) ).
Brambles Limited announced the cessation of 387,881 ordinary fully paid securities due to an on-market buy-back, effective May 19, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and reflecting its commitment to optimizing shareholder returns.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$16.60 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 operates in the logistics industry, primarily focusing on supply chain solutions through its pooling services. The company is known for providing reusable pallets, crates, and containers to various sectors, enhancing efficiency and sustainability in supply chains.
Average Trading Volume: 3,590,898
Technical Sentiment Signal: Buy
Current Market Cap: A$28.94B
For detailed information about BXB stock, go to TipRanks’ Stock Analysis page.