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Boom Logistics Updates On-Market Buy-Back Program

Story Highlights
  • Boom Logistics Ltd updates on its ongoing buy-back program.
  • A total of 1,457,113 securities were bought back before the previous day, with 17,556 more repurchased recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Boom Logistics Ltd ( (AU:BOL) ) has provided an update.

Boom Logistics Ltd has announced an update on its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. The company reported that a total of 1,457,113 securities have been bought back prior to the previous day, with an additional 17,556 securities repurchased on the previous day. This buy-back initiative is part of Boom Logistics’ strategy to manage its capital structure and potentially enhance shareholder value.

More about Boom Logistics Ltd

YTD Price Performance: 11.88%

Average Trading Volume: 721

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €37.3M

For an in-depth examination of BOL stock, go to TipRanks’ Stock Analysis page.

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