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Boom Logistics Ltd ( (AU:BOL) ) has issued an update.
Boom Logistics Ltd has announced an update regarding its ongoing buy-back program, which involves the repurchase of its ordinary fully paid securities. The company has bought back a total of 166,880 securities before the previous day and an additional 6,126 securities 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$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
YTD Price Performance: 3.02%
Average Trading Volume: 69,790
Technical Sentiment Signal: Buy
Current Market Cap: A$56.6M
See more insights into BOL stock on TipRanks’ Stock Analysis page.