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Flight Centre Updates on Share Buy-Back Progress

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Flight Centre Updates on Share Buy-Back Progress

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Flight Centre Travel Group Limited ( (AU:FLT) ) just unveiled an announcement.

Flight Centre Travel Group Limited has announced an update on its ongoing share buy-back program, revealing that a total of 52,459 ordinary fully paid securities were bought back on the previous day, adding to the 7,045,067 securities already repurchased. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a proactive approach to managing its financial resources.

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, offering a range of travel services and products. The company focuses on providing travel solutions to both individual and corporate clients, positioning itself as a significant player in the global travel market.

Average Trading Volume: 1,457,442

Technical Sentiment Signal: Sell

Current Market Cap: A$2.63B

For detailed information about FLT stock, go to TipRanks’ Stock Analysis page.

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