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Brambles ( (AU:BXB) ) has provided an update.
Brambles Limited has announced the application for the quotation of new securities on the Australian Securities Exchange (ASX). This move involves the issuance of ordinary fully paid securities under an employee incentive scheme, which are not subject to transfer restrictions. The announcement reflects Brambles’ ongoing efforts to enhance its operational framework and incentivize its workforce, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.65 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 providing supply chain and logistics solutions. The company is known for its pallet and container pooling services, which are essential for efficient supply chain operations across various markets.
Average Trading Volume: 3,501,895
Technical Sentiment Signal: Buy
Current Market Cap: A$33.87B
For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.