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An announcement from Brambles ( (AU:BXB) ) is now available.
Brambles Limited has announced an update on its ongoing on-market buy-back program, with a total of 3,453,191 securities bought back before the previous day and an additional 184,520 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.90 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 transportation and storage in various markets.
YTD Price Performance: 31.61%
Average Trading Volume: 3,561,186
Technical Sentiment Signal: Buy
Current Market Cap: A$33.61B
See more insights into BXB stock on TipRanks’ Stock Analysis page.