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Brambles Limited Announces Quotation of New Securities on ASX

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Brambles ( (AU:BXB) ) just unveiled an announcement.

Brambles Limited has announced the application for the quotation of 1,550 ordinary fully paid securities on the Australian Securities Exchange (ASX), issued under an employee incentive scheme. This move reflects the company’s ongoing efforts to incentivize its workforce and align employee interests with corporate performance, potentially impacting its market positioning by enhancing employee engagement and retention.

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 providing supply chain solutions through its pooling of unit-load equipment, pallets, crates, and containers. The company is known for its extensive network and services that cater to a wide range of industries, enhancing supply chain efficiency and sustainability.

Average Trading Volume: 3,590,898

Technical Sentiment Signal: Buy

Current Market Cap: A$28.94B

For detailed information about BXB stock, go to TipRanks’ Stock Analysis page.

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