Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Brambles ( (AU:BXB) ) is now available.
Brambles Limited has announced an update on its ongoing on-market buy-back program, revealing a total of 4,834,981 securities bought back before the previous day, with an additional 199,423 securities acquired on the last trading day. This buy-back initiative is part of Brambles’ strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to maintaining a robust financial position in the competitive logistics sector.
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 and supply chain industry, primarily providing pallet and container pooling services. The company focuses on offering efficient and sustainable supply chain solutions to its global clientele.
YTD Price Performance: 31.93%
Average Trading Volume: 3,566,212
Technical Sentiment Signal: Buy
Current Market Cap: A$33.65B
See more data about BXB stock on TipRanks’ Stock Analysis page.