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Boom Logistics Ltd ( (AU:BOL) ) has provided an update.
Boom Logistics Ltd has announced the completion of its on-market buy-back program, where it repurchased a total of 2,434,300 ordinary fully paid securities for a total consideration of AUD 2,427,178.63. This buy-back is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a commitment to efficient capital management.
The most recent analyst rating on (AU:BOL) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Boom Logistics Ltd stock, see the AU:BOL Stock Forecast page.
More about Boom Logistics Ltd
Average Trading Volume: 64,901
Technical Sentiment Signal: Sell
Current Market Cap: A$56M
Learn more about BOL stock on TipRanks’ Stock Analysis page.