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Boom Logistics Updates on Securities Buy-Back Program

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Boom Logistics Updates on Securities Buy-Back Program

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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an update.

Boom Logistics Ltd has announced an update on its ongoing buy-back program, which involves the repurchase of its ordinary fully paid securities. The company reported buying back a total of 36,232 securities on the previous day, adding to the cumulative total of 695,396 securities repurchased before that 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: 78,872

Technical Sentiment Signal: Buy

Current Market Cap: A$64.03M

See more data about BOL stock on TipRanks’ Stock Analysis page.

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