Brambles Limited commences an Equity Buyback Plan for 150,400,000 shares, representing 10% of its issued share capital, under the authorization approved on October 8, 2020.

Brambles Limited (ASX:BXB) commences share repurchases on October 9, 2020, under the program mandated by the shareholders in the Annual General Meeting held on October 8, 2020. As per the mandate, the company is authorized to repurchase up to 150,400,000 shares, representing 10% of its issued capital. The program is valid for twelve months. As of September 1, 2020, the company had 1,503,403,510 shares issued and outstanding.