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The latest announcement is out from Brambles ( (AU:BXB) ).
Brambles Limited has announced an update on its ongoing share buy-back program, detailing the acquisition of 125,364 ordinary fully paid securities on the previous day, contributing to a total of 2,644,768 securities bought back to date. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and return value to shareholders, reflecting a positive outlook on its financial health and confidence in its 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, focusing primarily on providing pallet and container pooling services. The company is known for its sustainable and efficient supply chain solutions, serving a wide range of industries globally.
YTD Price Performance: 31.77%
Average Trading Volume: 3,617,802
Technical Sentiment Signal: Buy
Current Market Cap: A$33.69B
See more data about BXB stock on TipRanks’ Stock Analysis page.