State Street boosts stake in Aurizon as buy-back continues

State Street Corporation and its subsidiaries have substantially increased their voting power in Aurizon Holdings Limited, with their stake rising from 6.78% to 7.83% as of October 16, 2025. This change reflects numerous collateral received and stock borrow transactions across various dates in October. Key entities within State Street, including State Street Bank and Trust Company and State Street Global Advisors, were involved in these transactions, demonstrating heightened interest in the rail freight operator.

Concurrently, Aurizon Holdings Limited continues its on-market share buy-back program, aiming to repurchase up to AUD 150 million of its ordinary shares. As of October 20, 2025, Aurizon had bought back 10,955,234 securities before the previous day, with an additional 1,444,962 securities bought back on October 20, 2025. The total consideration paid before the previous day amounted to AUD 35,627,817.21, and AUD 4,927,977.60 on the previous day, with prices ranging from AUD 3.15 to AUD 3.44. The buy-back commenced on September 1, 2025, and is scheduled to conclude on August 18, 2026.