Corporate Travel Management Limited Announces Daily Buy-Back Initiative

Corporate Travel Management Limited ( (AU:CTD) ) just unveiled an announcement.

Corporate Travel Management Limited has announced a daily buy-back of its ordinary fully paid securities, with a total of 43,000 securities bought back on the previous day. This buy-back initiative, which began on October 25, 2023, is part of the company’s ongoing strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial position.

The most recent analyst rating on (AU:CTD) stock is a Hold with a A$11.80 price target. To see the full list of analyst forecasts on Corporate Travel Management Limited stock, see the AU:CTD Stock Forecast page.

More about Corporate Travel Management Limited

Corporate Travel Management Limited operates in the travel management industry, providing corporate travel services and solutions. The company focuses on offering comprehensive travel management services to businesses, aiming to optimize travel expenses and improve travel experiences for corporate clients.

Average Trading Volume: 798,222

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.95B

Find detailed analytics on CTD stock on TipRanks’ Stock Analysis page.