Aurizon Holdings Expands Share Buyback by AU$100 Million; Reaffirms Fiscal 2025 EBITDA Guidance

MT Newswires Live11-12

Aurizon Holdings (ASX:AZJ) expanded its on-market share buyback by AU$100 million, bringing the total potential combined repurchase size to AU$250 million, according to a Tuesday filing with the Australian bourse.

The rail freight operator has so far bought back roughly 38.8 million shares for about AU$133 million.

In the same filing, Aurizon reaffirmed its earnings before interest, tax, depreciation, and amortization (EBITDA) guidance of AU$1.66 billion to AU$1.74 billion for fiscal 2025 despite a projected lower group underlying EBITDA in the first half.

The company also reaffirmed its sustaining capital expenditure guidance of AU$640 million to AU$720 million and growth capital expenditure guidance of AU$125 million to AU$175 million.

Aurizon's shares were down over 1% in recent Tuesday trade.

Price (AUD): $3.42, Change: $-0.05, Percent Change: -1.44%

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