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Boom Logistics Ltd ( (AU:BOL) ) has provided an announcement.
Boom Logistics Ltd has announced an update regarding its ongoing on-market buy-back program. The company reported that it has repurchased a total of 791,742 ordinary fully paid securities before the previous day, with an additional 20,000 securities bought back on the previous day. This buy-back initiative is part of Boom Logistics’ strategy to manage 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
Average Trading Volume: 77,586
Technical Sentiment Signal: Buy
Current Market Cap: A$65.59M
For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.