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. The company has repurchased a total of 4,876,724 ordinary fully paid securities, with an additional 15,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Corporate Travel Management Limited
Corporate Travel Management Limited operates in the travel industry, providing corporate travel management services. The company focuses on delivering travel solutions to businesses, enhancing travel efficiency and cost-effectiveness for its clients.
YTD Price Performance: 11.40%
Average Trading Volume: 180
Technical Sentiment Signal: Buy
Current Market Cap: $1.34B
See more insights into CTD stock on TipRanks’ Stock Analysis page.