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Boom Logistics Ltd ( (AU:BOL) ) has issued an update.
Boom Logistics Ltd has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 2,167,024 ordinary fully paid securities, with an additional 31,935 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and 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 is a company operating in the logistics industry, focusing on providing lifting solutions and equipment hire services. The company is known for its expertise in crane logistics and equipment management, catering to various sectors including construction, mining, and infrastructure development.
Average Trading Volume: 58,523
Technical Sentiment Signal: Buy
Current Market Cap: A$58.19M
See more insights into BOL stock on TipRanks’ Stock Analysis page.