Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Flight Centre Travel Group Limited ( (AU:FLT) ) has shared an announcement.
Flight Centre Travel Group Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 7,097,526 securities bought back before the previous day and an additional 357,616 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:FLT) stock is a Hold with a A$12.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
More about Flight Centre Travel Group Limited
Flight Centre Travel Group Limited operates in the travel industry, providing travel services and products. The company focuses on offering travel solutions to consumers and businesses, positioning itself as a key player in the travel market.
YTD Price Performance: -25.35%
Average Trading Volume: 1,496,583
Technical Sentiment Signal: Sell
Current Market Cap: A$2.6B
See more data about FLT stock on TipRanks’ Stock Analysis page.