An announcement from Brambles Limited ( (AU:BXB) ) is now available.
Brambles Limited has announced an update on its ongoing on-market buy-back program for its ordinary fully paid securities, with a total of 13,386,457 securities bought back before the previous day and an additional 43,778 securities bought back on the previous day. This buy-back initiative is part of the company’s 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 Limited
Brambles Limited operates in the logistics industry, focusing on the provision of supply chain solutions through the management of reusable pallets, crates, and containers. The company primarily serves customers in the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing sectors.
YTD Price Performance: 5.03%
Average Trading Volume: 1,021
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $17.5B
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