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Boom Logistics Provides Daily Update on Ongoing Share Buy-Back

Story Highlights
  • Boom Logistics continues its on-market buy-back of ordinary fully paid shares on the ASX.
  • The company has repurchased over 1.1 million shares in total, including 36,205 shares on the previous day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boom Logistics Provides Daily Update on Ongoing Share Buy-Back

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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an announcement.

Boom Logistics Limited has disclosed an update on its ongoing on-market share buy-back of its ordinary fully paid shares listed on the ASX under code BOL. The company reported that it had repurchased a cumulative total of 1,110,437 shares prior to the latest reporting date, with an additional 36,205 shares bought back on the previous trading day, indicating continued execution of its capital management program and incremental reduction in its shares on issue.

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: 23.62%

Average Trading Volume: 74,284

Technical Sentiment Signal: Buy

Current Market Cap: A$66.78M

For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.

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