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Boom Logistics Ltd ( (AU:BOL) ) has issued an update.
Boom Logistics Ltd announced the cessation of 717,268 ordinary fully paid securities, which were cancelled due to an on-market buy-back completed on December 31, 2024. This move is likely to impact the company’s issued capital, potentially improving the value of remaining shares and aligning with strategic financial management practices aimed at enhancing shareholder value.
More about Boom Logistics Ltd
Boom Logistics Ltd operates in the logistics and equipment services industry, primarily focusing on providing lifting solutions and crane hire services. The company serves various sectors, including construction, mining, and energy, positioning itself as a key player in these markets.
YTD Price Performance: 2.50%
Average Trading Volume: 159
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €35.25M
Find detailed analytics on BOL stock on TipRanks’ Stock Analysis page.
