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The latest update is out from Boom Logistics Ltd ( (AU:BOL) ).
Boom Logistics Ltd has announced a daily update on its ongoing on-market buy-back program. The company has repurchased a total of 1,701,815 ordinary fully paid securities prior to the previous day, with an additional 22,725 securities bought back on the previous day. This buy-back initiative may impact the company’s share value and market perception, potentially benefiting shareholders by reducing the number of shares outstanding.
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
YTD Price Performance: -1.77%
Average Trading Volume: 41,774
Technical Sentiment Signal: Sell
Current Market Cap: A$55.1M
See more insights into BOL stock on TipRanks’ Stock Analysis page.