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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 of ordinary fully paid securities. As of the latest update, the company has bought back a total of 731,628 securities, with an additional 7,000 securities acquired 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
Boom Logistics Ltd is a company operating in the logistics industry, focusing on providing crane logistics and lifting solutions. The company is known for its services in the crane hire and heavy lifting sectors, catering to various market needs.
Average Trading Volume: 80,227
Technical Sentiment Signal: Buy
Current Market Cap: A$63.03M
For an in-depth examination of BOL stock, go to TipRanks’ Overview page.