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Brambles Limited Updates on Ongoing Buy-Back Program

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Brambles Limited Updates on Ongoing Buy-Back Program

Brambles Limited ( (AU:BXB) ) has issued an announcement.

Brambles Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 23,073,933 securities bought back before the previous day and an additional 137,809 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Brambles Limited

Brambles Limited operates in the logistics industry, primarily focusing on supply chain solutions. The company is known for providing pallet and container pooling services, which are essential for efficient transportation and storage of goods across various markets.

YTD Price Performance: 2.28%

Average Trading Volume: 12,508

Technical Sentiment Signal: Sell

Current Market Cap: $16.86B

For detailed information about BXB stock, go to TipRanks’ Stock Analysis page.

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