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Brambles Limited Announces Cessation of Share Rights

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Brambles Limited Announces Cessation of Share Rights

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An announcement from Brambles ( (AU:BXB) ) is now available.

Brambles Limited announced the cessation of 17,442 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting the company’s ongoing management of its securities and financial strategies.

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 operates in the logistics and supply chain industry, primarily focusing on providing supply chain solutions through the management of reusable pallets, crates, and containers. The company is known for its extensive network and expertise in pooling equipment and services, which are essential for efficient and sustainable supply chain operations.

Average Trading Volume: 3,548,606

Technical Sentiment Signal: Buy

Current Market Cap: A$33.79B

For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.

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