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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an announcement.
Boom Logistics Ltd has announced an update regarding its ongoing on-market buy-back program, revealing that it repurchased 40,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 1,387,113. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.
More about Boom Logistics Ltd
Boom Logistics Ltd operates in the logistics industry, providing specialized lifting solutions and equipment for various sectors. The company focuses on offering comprehensive lifting services, including crane logistics and heavy haulage, to support infrastructure and construction projects.
YTD Price Performance: 11.18%
Average Trading Volume: 721
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €37.85M
Learn more about BOL stock on TipRanks’ Stock Analysis page.