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Boom Logistics Ltd ( (AU:BOL) ) has issued an announcement.
Boom Logistics Ltd has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 20,135 ordinary fully paid securities on the previous day, bringing the total to 2,414,165 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
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
Boom Logistics Ltd operates in the logistics industry, focusing on providing lifting solutions and crane hire services. The company is known for its expertise in heavy lifting and specialized transport, catering to various sectors including construction, mining, and infrastructure development.
Average Trading Volume: 64,901
Technical Sentiment Signal: Sell
Current Market Cap: A$56M
For a thorough assessment of BOL stock, go to TipRanks’ Stock Analysis page.
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