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An update from Brambles ( (AU:BXB) ) is now available.
Brambles Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 6,212,566 securities bought back before the previous day and an additional 240,228 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 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 industry, primarily focusing on the provision of supply chain solutions, including the management of reusable pallets and containers. The company is known for its extensive network and services that cater to various sectors globally, enhancing the efficiency and sustainability of supply chains.
Average Trading Volume: 3,712,844
Technical Sentiment Signal: Buy
Current Market Cap: A$31.89B
See more data about BXB stock on TipRanks’ Stock Analysis page.