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An announcement from Boom Logistics Ltd ( (AU:BOL) ) is now available.
Boom Logistics Ltd has announced an update on its ongoing share buy-back program, with a total of 2,136,919 securities bought back before the previous day and an additional 30,105 securities bought back on the previous day. 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$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 crane logistics and lifting solutions. The company is known for its comprehensive services in equipment hire and project management, catering primarily to sectors requiring heavy lifting and transport solutions.
Average Trading Volume: 58,333
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$59.23M
For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.