Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement 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 234,675 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 3,218,516 securities. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and enhance shareholder value, reflecting positively on its operational efficiency and market positioning.
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 and supply chain industry, primarily focusing on providing pallet and container pooling services. The company is known for its extensive network and expertise in supply chain logistics, catering to a wide range of industries globally.
Average Trading Volume: 3,526,605
Technical Sentiment Signal: Buy
Current Market Cap: A$33.78B
See more data about BXB stock on TipRanks’ Stock Analysis page.