ASX:BXBCommercial Services
Brambles’ Buyback Amid U.S. Pallet Pressures Might Change The Case For Investing In Brambles (ASX:BXB)
In recent months, Brambles Limited has accelerated its on-market share buyback, purchasing about 8.49 million shares for roughly A$152.4 million while also flagging a US$60 million earnings impact from U.S. pallet-repair capacity issues and trimming its FY2026 growth guidance.
At the same time, Brambles reported a 10% rise in H1 FY2026 underlying profit, upgraded free cash flow guidance to US$950 million–US$1.10 billion, and continued investing in its Serialisation+ digital program,...