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The latest announcement is out from Corporate Travel Management Limited ( (AU:CTD) ).
Corporate Travel Management Limited announced an update on its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 7,013,324 securities, with 46,000 repurchased on the previous day. This buy-back initiative reflects the company’s strategy to optimize 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 industry, providing corporate travel management services. The company focuses on offering solutions for business travel needs, catering to corporate clients with a range of travel-related services.
Average Trading Volume: 746,349
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.95B
Learn more about CTD stock on TipRanks’ Stock Analysis page.