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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an update.
Boom Logistics Ltd has announced an update on its ongoing on-market buy-back program, with a total of 1,897,814 securities bought back before the previous day and an additional 80,000 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially 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 lifting solutions and crane hire services. The company is known for its extensive fleet and expertise in servicing various sectors, including construction, mining, and infrastructure development.
Average Trading Volume: 44,046
Technical Sentiment Signal: Sell
Current Market Cap: A$53.24M
Learn more about BOL stock on TipRanks’ Stock Analysis page.