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Audioboom ( (GB:BOOM) ) has shared an update.
Audioboom Group PLC announced that its non-executive Chairman, Michael Tobin, purchased 2,000 ordinary shares in the company, increasing his total shareholding to approximately 5.3% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, reflects Tobin’s confidence in Audioboom’s market position and growth potential, potentially impacting stakeholder perceptions positively.
More about Audioboom
Audioboom is a leading global podcast company, ranked as the fourth largest podcast publisher in the US. The company offers a scalable content business with ad-tech and monetization platforms, providing commercial, distribution, marketing, and production services for top-tier podcasts. Audioboom operates internationally, distributing content through major platforms like Apple Podcasts, Spotify, and YouTube.
YTD Price Performance: -12.44%
Average Trading Volume: 142,089
Technical Sentiment Signal: Hold
Current Market Cap: £58.94M
For a thorough assessment of BOOM stock, go to TipRanks’ Stock Analysis page.