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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an announcement.
Boom Logistics Ltd has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, identified by the ASX code BOL. As of the latest notification, the company has bought back a total of 2,051,553 securities, with 114 purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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
YTD Price Performance: -2.50%
Average Trading Volume: 49,341
Technical Sentiment Signal: Sell
Current Market Cap: A$54.69M
See more insights into BOL stock on TipRanks’ Stock Analysis page.