ASX:BXB 17 May 2026 - 18 May 2026

ASX:BXB·Finance·Investment·News·Stock Market

Brambles shares plunge 20% on ASX

Brambles shares closed at A$17.53 on Tuesday, near a 52-week low, after the company cut FY26 guidance and lost about 20% of its market value in one session. The pallet supplier cited U.S. repair bottlenecks and expects a US$60 million earnings hit. Brambles now forecasts FY26 sales growth of 2%-3% and underlying profit growth of 3%-5%. Broker responses varied, with Goldman Sachs raising its rating to Neutral.

May 19, 2026

ASX:BXB·Business·Finance·Logistics·News

Brambles drops 20% after U.S. pallet logjam cuts outlook

Brambles shares plunged 20.23% to A$17.63 on Monday after the company cut FY26 sales and profit growth guidance due to U.S. pallet-repair constraints. The company expects a US$60 million earnings hit and announced a new US$400 million buyback. The S&P/ASX 200 dropped to a seven-week low following profit warnings from Brambles and Elders.

May 18, 2026

ASX:BXB·ASX:TUA·Australia·Finance·News·Stock Market

ASX 200 Drops to Seven-Week Low After Brambles, Tuas Slide

Australian shares fell to a seven-week low Monday, with the S&P/ASX 200 down 1.45% as company downgrades and higher oil prices pressured markets. Brambles dropped 20.2% after cutting its 2026 profit outlook, citing US$60 million in U.S. network costs. Tuas plunged 62.8% after a Singapore merger review was suspended. The Australian dollar slipped to 71.36 U.S. cents.

May 18, 2026

ASX News·ASX:BXB·Finance·News·Stock Market

Brambles shares ahead of Monday on ASX after choppy week

Brambles closed Friday at A$22.10, up 1.28% for the day but down 1.56% for the week. The S&P/ASX 200 index dropped about 1.3% last week, led by declines in miners and banks. Investors are watching if Brambles’ cash-flow upgrade and buyback plans can counter weak consumer demand. Trading resumes Monday at 9:59 a.m. Sydney time.

May 17, 2026

Credit Clear Provides Update on ASX On-Market Share Buy-Back Progress
May 26, 2026, 7:15 PM EDT. Credit Clear Limited (ASX:CCR) has released an update on its ongoing on-market share buy-back. The company informed the ASX that it continues to repurchase shares as part of its strategy to return capital to shareholders. This move reflects Credit Clear's commitment to managing its capital structure while aiming to enhance shareholder value. The buy-back progress signals the company's confidence in its financial position amid current market conditions.