Australia-based logistics group Brambles has continued its on-market share buy-back, extending a capital return programme that runs through the 2026 financial year.
The company confirmed further purchases of its ordinary shares as part of the buy-back first announced in August. The programme allows Brambles to repurchase up to a defined maximum number of shares on the open market, depending on trading conditions and share price movements.
Brambles said the buy-back is being carried out opportunistically and remains subject to market conditions. The company has the option to vary, pause or stop the programme at any time.
The buy-back is part of Brambles’ broader capital management approach and reflects balance-sheet confidence following recent trading periods. The programme is scheduled to remain open until the end of the current financial year, unless completed earlier.
Why It Matters
Brambles plays a critical role in grocery supply chains through its CHEP pallet pooling network. Those pallets sit behind everyday supermarket operations, supporting the movement of food, beverages and FMCG products from manufacturers to stores.
In Australia, shared pallet infrastructure underpins distribution across the grocery sector, where the largest supermarket operators rely on high-volume, standardised logistics systems to keep shelves stocked efficiently. Capital decisions at Brambles therefore matter beyond investors, influencing asset availability, fleet investment and long-term service stability for retailers and suppliers.
The continuation of the buy-back signals that Brambles is prioritising shareholder returns while maintaining its global logistics footprint, including core supermarket supply routes in Australia and other major retail markets.
The company has not changed the overall parameters of the programme and has not provided guidance on the pace of future purchases.
Editor’s note: This article is based on Brambles’ official market disclosure relating to its ongoing on-market share buy-back.
