Brambles Limited commences an Equity Buyback for 240,000,000 shares, representing 15% of its issued share capital, under the authorization approved on October 10, 2019.

Brambles Limited (ASX:BXB) commences share repurchases on October 11, 2019, under the program mandated by the shareholders in the Annual General Meeting held on October 10, 2019. As per the mandate, the company is authorized to repurchase up to 240,000,000 shares, representing 15% of its issued capital. The program is valid for twelve months. As of September 2, 2019, the company had 1,582,331,393 shares issued and outstanding.