Corporate Travel Management Updates on Buy-Back Program

Story Highlights
Corporate Travel Management Updates on Buy-Back Program

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

Corporate Travel Management Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 5,027,724 ordinary fully paid securities, including 36,000 bought back on the previous day. This buy-back initiative is part of the company’s strategic efforts 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 comprehensive travel management services. The company focuses on delivering tailored travel solutions to corporate clients, enhancing efficiency and cost-effectiveness in business travel.

YTD Price Performance: 7.62%

Average Trading Volume: 250

Technical Sentiment Signal: Buy

Current Market Cap: $1.28B

For an in-depth examination of CTD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App