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An announcement from Flight Centre Travel Group Limited ( (AU:FLT) ) is now available.
Flight Centre Travel Group Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 1,781 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 6,979,907. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:FLT) stock is a Hold with a A$13.00 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 a wide range of customers, including leisure and corporate travelers, positioning itself as a significant player in the travel market.
YTD Price Performance: -25.23%
Average Trading Volume: 1,438,366
Technical Sentiment Signal: Sell
Current Market Cap: A$2.63B
For an in-depth examination of FLT stock, go to TipRanks’ Overview page.