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Corporate Travel Management Limited ( (AU:CTD) ) has shared an announcement.
Corporate Travel Management Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest update, the company has repurchased a total of 7,106,324 ordinary fully paid securities, with 47,000 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial health.
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 services that facilitate corporate travel solutions. The company focuses on delivering efficient travel management services to businesses, enhancing their travel experiences and optimizing travel-related expenses.
Average Trading Volume: 744,559
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.95B
Find detailed analytics on CTD stock on TipRanks’ Stock Analysis page.