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Brambles ( (AU:BXB) ) has issued an announcement.
Brambles Limited has announced the issuance of 46,924 ordinary fully paid securities, which will be quoted on the ASX. This move is part of an employee incentive scheme, indicating the company’s commitment to rewarding its workforce and potentially enhancing employee engagement and retention. The issuance of these securities may impact the company’s market positioning by increasing its capital base and demonstrating its focus on strategic growth initiatives.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$28.00 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 providing pallet and container pooling services. The company focuses on efficient supply chain solutions and operates globally, serving various sectors including consumer goods, fresh produce, and automotive industries.
Average Trading Volume: 3,712,844
Technical Sentiment Signal: Buy
Current Market Cap: A$31.89B
See more data about BXB stock on TipRanks’ Stock Analysis page.