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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an announcement.
Boom Logistics Limited has announced the continuation of its on-market share buy-back program, aiming to purchase up to 10% of its issued ordinary shares. This move aligns with the company’s capital management strategy to return a portion of its operating NPAT to shareholders, demonstrating a commitment to shareholder value while maintaining funds for growth and asset regeneration.
The most recent analyst rating on (AU:BOL) stock is a Buy with a A$2.13 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
Boom Logistics Limited is a company specializing in total lifting solutions, utilizing a highly skilled workforce and specialized equipment. The company is focused on providing lifting services and equipment, positioning itself within the logistics and heavy machinery industry.
Average Trading Volume: 58,333
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$59.23M
For an in-depth examination of BOL stock, go to TipRanks’ Overview page.