Corporate Travel Management Limited Updates on Share Buy-Back Program

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Corporate Travel Management Limited Updates on Share Buy-Back Program

Corporate Travel Management Limited ( (AU:CTD) ) has issued an update.

Corporate Travel Management Limited has announced a daily update on its ongoing share buy-back program, which is part of its strategy to manage capital effectively. The company bought back 18,600 of its ordinary fully paid shares on the previous day, contributing to a total of 4,629,324 shares repurchased since the program’s inception. This buy-back initiative is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.

More about Corporate Travel Management Limited

Corporate Travel Management Limited operates in the travel industry, providing corporate travel management services. The company focuses on offering tailored travel solutions to businesses, enhancing travel efficiency and cost-effectiveness for corporate clients.

YTD Price Performance: 9.63%

Average Trading Volume: 180

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.38B

See more data about CTD stock on TipRanks’ Stock Analysis page.

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