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Corporate Travel Management Updates on Securities Buy-Back

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Corporate Travel Management Updates on Securities Buy-Back

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The latest update is out from Corporate Travel Management Limited ( (AU:CTD) ).

Corporate Travel Management Limited announced an update regarding their ongoing on-market buy-back of ordinary fully paid securities, with a total of 47,000 securities bought back on the previous day. This buy-back initiative, which began in October 2023, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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 to businesses. The company focuses on offering comprehensive travel solutions that cater to the needs of corporate clients, enhancing their travel experiences and optimizing travel-related expenses.

Average Trading Volume: 742,499

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.91B

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

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