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Boom Logistics Ltd ( (AU:BOL) ) has issued an announcement.
Boom Logistics Ltd has announced an update on its ongoing on-market buy-back program, revealing that a total of 555,111 ordinary fully paid securities have been bought back prior to the previous day, with an additional 10,000 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$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 operates in the logistics industry, providing specialized lifting solutions and crane hire services. The company focuses on serving sectors such as construction, mining, and infrastructure development, offering a range of equipment and expertise to support complex lifting projects.
Average Trading Volume: 80,214
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$57.81M
For an in-depth examination of BOL stock, go to TipRanks’ Overview page.