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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