Brambles Limited Announces Cessation of Securities Through Buy-Back
Brambles Limited has announced the cessation of 233,279 ordinary fully paid securities due to an on-market buy-back, effective September 11, 2025. This action is part of the company's capital management strategy, which may positively influence its share value and market perception. The latest analyst rating for Brambles (AU:BXB) is a Hold with a price target of A$25.90. Brambles operates in the logistics industry, focusing on supply chain solutions and serving various sectors.
Brambles ( (AU:BXB) ) has issued an announcement.
Brambles Limited announced the cessation of 233,279 ordinary fully paid securities due to an on-market buy-back, effective September 11, 2025. This move is part of the company’s ongoing capital management strategy, potentially impacting its share value and market perception positively by demonstrating financial health and shareholder value enhancement.
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 industry, primarily focusing on supply chain solutions. The company is known for its pooling of unit-load equipment, pallets, crates, and containers, serving various sectors including consumer goods, fresh produce, and automotive industries.
Average Trading Volume: 3,682,864
Technical Sentiment Signal: Buy
Current Market Cap: A$36.31B
See more insights into BXB stock on TipRanks’ Stock Analysis page.
