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Boom Logistics Updates Progress of On-Market Share Buy-Back

Story Highlights
  • Boom Logistics reports ongoing on-market buy-back of ordinary shares, with over 1.9 million repurchased before the latest trading day.
  • The April 2 update shows continued share repurchases, suggesting a focus on capital management and potential value support for existing shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boom Logistics Updates Progress of On-Market Share Buy-Back

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

Boom Logistics Limited has disclosed an update to its on-market share buy-back program, covering ordinary fully paid shares traded under ASX code BOL. The update notes that a total of 1,924,216 shares had been repurchased before the previous day, with an additional 4,289 shares bought back on the previous trading day as part of the ongoing program.

The latest notification, dated 2 April 2026, follows the initial buy-back notice lodged in October 2025 and a prior update on 1 April 2026. The continuing buy-back activity indicates the company is actively reducing its share count, which may support earnings per share and signal management’s confidence in the company’s valuation to existing shareholders and the market.

The most recent analyst rating on (AU:BOL) stock is a Buy with a A$2.00 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 Limited, listed on the ASX under the code BOL, is an Australian company with ordinary fully paid shares on issue. The company operates in the listed equities market and is subject to ASX disclosure requirements, including notifications related to share buy-back activities.

Average Trading Volume: 43,900

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$66.58M

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

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