Brambles ( (AU:BXB) ) has shared an update.
Brambles Limited has announced an update on its ongoing share buy-back program, with a total of 792,352 ordinary fully paid securities bought back on the previous day, adding to the 24,151,494 securities bought back before that. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to returning capital to shareholders.
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 sustainable supply chain solutions and operates globally, serving a wide range of industries including consumer goods, automotive, and retail.
YTD Price Performance: 10.80%
Average Trading Volume: 13,214
Technical Sentiment Signal: Strong Sell
Current Market Cap: $17.5B
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