Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Boom Logistics Ltd ( (AU:BOL) ).
Boom Logistics Ltd has announced an update on its ongoing share buy-back program, reporting the purchase of 8,265 ordinary fully paid securities on the previous day, adding to a total of 2,104,959 securities bought back to date. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its confidence in the business’s future prospects.
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 lifting solutions, including crane and travel tower services, primarily catering to sectors such as construction, mining, and infrastructure.
YTD Price Performance: 4.49%
Average Trading Volume: 51,180
Technical Sentiment Signal: Buy
Current Market Cap: A$58.61M
See more data about BOL stock on TipRanks’ Stock Analysis page.