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Boom Logistics Ltd ( (AU:BOL) ) has shared an update.
Boom Logistics Ltd has announced an update on its ongoing share buy-back program, revealing that a total of 13,637 ordinary fully paid securities were bought back on the previous day, bringing the total to 20,228. 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, providing specialized lifting solutions and crane logistics services. The company focuses on offering comprehensive lifting and transport services to various sectors, including construction, mining, and infrastructure development.
YTD Price Performance: 3.02%
Average Trading Volume: 65,463
Technical Sentiment Signal: Buy
Current Market Cap: A$57.02M
For a thorough assessment of BOL stock, go to TipRanks’ Stock Analysis page.