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Boom Logistics Ltd ( (AU:BOL) ) has issued an announcement.
Boom Logistics Ltd has announced an update on its ongoing share buy-back program, with a total of 24,368 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 302,843 securities acquired before that. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
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 crane logistics and lifting solutions. The company focuses on delivering specialized equipment and services to various sectors, including construction, mining, and infrastructure development.
Average Trading Volume: 73,238
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$57.91M
Find detailed analytics on BOL stock on TipRanks’ Stock Analysis page.