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An update from Audioboom ( (GB:BOOM) ) is now available.
Audioboom announced that its non-executive Chairman, Michael Tobin, has purchased an additional 3,450 ordinary shares in the company, bringing his total holding to approximately 5.4% of the company’s issued share capital. This transaction reflects a significant vote of confidence in Audioboom’s market position and future prospects, potentially influencing stakeholder perceptions and reinforcing the company’s stability and growth potential in the competitive podcasting industry.
More about Audioboom
Audioboom is a leading global podcast company, recognized as the fourth largest podcast publisher in the US by Triton Digital. The company offers a robust ad-tech and monetization platform that supports a scalable content business, providing commercial, distribution, marketing, and production services for a premium network of top-tier podcasts. Audioboom operates internationally with partnerships across North America, Europe, Asia, and Australia, distributing content through major platforms like Apple Podcasts, Spotify, and YouTube.
Average Trading Volume: 134,687
Technical Sentiment Signal: Sell
Current Market Cap: £50.96M
See more insights into BOOM stock on TipRanks’ Stock Analysis page.