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Brambles ( (AU:BXB) ) has provided an announcement.
Brambles Limited has announced the application for the quotation of new securities on the Australian Securities Exchange (ASX). This move involves the issuance of 655 fully paid ordinary shares under an employee incentive scheme, reflecting the company’s ongoing efforts to incentivize its workforce and enhance its market presence.
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. The company is known for its pallet and container pooling services, which are crucial for efficient goods transportation and storage across various markets.
Average Trading Volume: 3,590,898
Technical Sentiment Signal: Buy
Current Market Cap: A$28.94B
Learn more about BXB stock on TipRanks’ Stock Analysis page.