Insider Buying: Brambles Limited (ASX:BXB) Insider Acquires 31,400 Shares of Stock

Brambles Limited (ASX:BXB) insider John Mullen purchased 31,400 shares of the firm’s stock in a transaction that occurred on Friday, September 17th. The stock was purchased at an average price of A$11.08 ($7.91) per share, for a total transaction of A$347,817.80 ($248,441.29).

The company has a debt-to-equity ratio of 91.59, a current ratio of 0.73 and a quick ratio of 0.65.

The firm also recently announced a Final dividend, which will be paid on Wednesday, October 13th. Investors of record on Wednesday, October 13th will be issued a dividend of $0.1424 per share. This is a boost from Brambles’s previous Final dividend of $0.13. The ex-dividend date is Tuesday, September 7th. This represents a yield of 1.17%. Brambles’s dividend payout ratio is presently 57.85%.

About Brambles

Brambles Limited operates as a supply-chain logistics company. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. It engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.

Recommended Story: The Role of a Fiduciary and Individual Investors

Insider Buying and Selling by Quarter for Brambles (ASX:BXB)

Receive News & Ratings for Brambles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brambles and related companies with's FREE daily email newsletter.