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Citigroup Group Ceases to Be Substantial Holder in Flight Centre

Story Highlights
  • Citigroup-related entities have exited substantial holder status in Flight Centre following shifts in securities lending positions.
  • Adjustments across Citi’s global broker arms reduce concentrated institutional ownership and may marginally increase Flight Centre’s free float.
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Citigroup Group Ceases to Be Substantial Holder in Flight Centre

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Flight Centre Travel Group Limited ( (AU:FLT) ) has shared an announcement.

Citigroup Global Markets Australia Pty Limited and related Citi entities have notified Flight Centre Travel Group that they have ceased to be substantial holders in the company as of 23 February 2026. The change reflects adjustments in relevant interests arising from securities lending arrangements and ordinary-course stock market transactions across Citi’s Australian, U.S. and UK broker-dealer arms, signaling a reduced concentrated institutional stake and a shift in the company’s shareholding profile.

Citigroup Global Markets Australia’s interest in FLT shares rose modestly, while Citigroup Global Markets Inc recorded an increase and Citigroup Global Markets Limited a notable decrease, all under securities lending agreements. The net effect is that the Citi group no longer holds a substantial position under Australian disclosure thresholds, which may slightly enhance free float and could alter how the stock is held and traded among institutional and other investors.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.45 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 and tourism sector, focusing on retail and corporate travel services across global markets. The company provides flight bookings, holiday packages and related travel solutions for leisure and business customers, positioning itself as a major intermediary between travelers and airlines, hotels and other service providers.

Average Trading Volume: 1,268,229

Technical Sentiment Signal: Sell

Current Market Cap: A$2.93B

See more insights into FLT stock on TipRanks’ Stock Analysis page.

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