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FleetPartners Updates on Buy-Back Program

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FleetPartners Updates on Buy-Back Program

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FleetPartners Group ( (AU:FPR) ) has issued an announcement.

FleetPartners Group Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 83,909,292 securities have been bought back to date, with 67,000 securities purchased on the previous day. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach in its financial management strategy.

The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on FleetPartners Group stock, see the AU:FPR Stock Forecast page.

More about FleetPartners Group

FleetPartners Group Limited operates in the financial services industry, focusing on providing vehicle leasing and fleet management solutions. The company is known for its comprehensive offerings that cater to both individual and corporate clients, aiming to optimize fleet operations and reduce costs.

YTD Price Performance: 11.15%

Average Trading Volume: 762,587

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$637M

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

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