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An update from Boom Logistics Ltd ( (AU:BOL) ) is now available.
Boom Logistics Ltd has announced an update regarding its ongoing on-market buy-back program, where a total of 2,081,659 securities have been bought back to date, with an additional 23,300 securities acquired on the previous day. This buy-back initiative reflects the company’s strategic efforts to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and financial stability.
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 Ltd operates in the logistics industry, focusing on providing lifting solutions and crane hire services to various sectors, including construction, mining, and infrastructure development.
Average Trading Volume: 51,031
Technical Sentiment Signal: Buy
Current Market Cap: A$57.16M
See more insights into BOL stock on TipRanks’ Stock Analysis page.