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Boom Logistics Ltd ( (AU:BOL) ) has issued an announcement.
Boom Logistics Ltd announced an update on its ongoing on-market buy-back program, reporting the purchase of an additional 15,000 ordinary fully paid securities. This buy-back initiative, which has seen a total of 776,742 securities bought back to date, is part of the company’s strategy to optimize its capital structure and 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 is known for its comprehensive range of services tailored to meet the needs of various sectors, including construction, mining, and infrastructure development.
Average Trading Volume: 77,218
Technical Sentiment Signal: Buy
Current Market Cap: A$65.59M
For an in-depth examination of BOL stock, go to TipRanks’ Overview page.