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The latest announcement is out from Boom Logistics Ltd ( (AU:BOL) ).
Boom Logistics Ltd has announced an update on its ongoing buy-back program, revealing that a total of 2,016,393 securities have been bought back before the previous day, with an additional 35,046 securities acquired 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$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 offers services primarily in the Australian market, catering to industries that require heavy lifting and transportation solutions.
YTD Price Performance: -2.50%
Average Trading Volume: 49,341
Technical Sentiment Signal: Sell
Current Market Cap: A$54.69M
For an in-depth examination of BOL stock, go to TipRanks’ Overview page.