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Boom Logistics Updates on Share Buy-Back Progress

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Boom Logistics Updates on Share Buy-Back Progress

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

Boom Logistics Limited has announced an update regarding its ongoing share buy-back program. The company reported the repurchase of 60,243 ordinary fully paid securities on the previous day, contributing to a total of 1,590,426 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:BOL) stock is a Hold with a A$1.50 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: 40,013

Technical Sentiment Signal: Sell

Current Market Cap: A$55.3M

Find detailed analytics on BOL stock on TipRanks’ Stock Analysis page.

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