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Boom Logistics Ltd ( (AU:BOL) ) has provided an update.
Boom Logistics Ltd has announced an update on its ongoing on-market buy-back program, revealing that a total of 2,283,643 ordinary fully paid securities have been bought back before the previous day, with an additional 22,000 securities purchased 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$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, focusing on providing crane logistics and lifting solutions. The company primarily offers services related to the supply of cranes and lifting equipment, catering to various sectors including construction, mining, and infrastructure development.
Average Trading Volume: 62,795
Technical Sentiment Signal: Buy
Current Market Cap: A$56.81M
See more data about BOL stock on TipRanks’ Stock Analysis page.