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The latest announcement is out from Brambles ( (AU:BXB) ).
Brambles Limited has announced the quotation of 863,174 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move could potentially enhance employee engagement and retention while also impacting the company’s market liquidity and shareholder value.
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 focusing on the provision of reusable pallets, crates, and containers. The company serves various sectors, including fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries.
Average Trading Volume: 3,557,454
Technical Sentiment Signal: Buy
Current Market Cap: A$34.5B
See more insights into BXB stock on TipRanks’ Stock Analysis page.