tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FleetPartners Completes Significant Share Buy-Back

Story Highlights
FleetPartners Completes Significant Share Buy-Back

TipRanks Cyber Monday Sale

FleetPartners Group ( (AU:FPR) ) just unveiled an announcement.

FleetPartners Group Limited has announced the final notification of its on-market buy-back program, where it has successfully bought back 84,331,742 ordinary fully paid securities at a total consideration of AUD 224,750,699. This buy-back is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on FleetPartners Group stock, see the AU:FPR Stock Forecast page.

More about FleetPartners Group

FleetPartners Group Limited operates in the financial services industry, focusing on providing fleet management and leasing solutions. The company is known for its comprehensive services in vehicle leasing and management, catering to a diverse range of clients across various sectors.

YTD Price Performance: 4.46%

Average Trading Volume: 724,583

Technical Sentiment Signal: Hold

Current Market Cap: A$584M

See more insights into FPR stock on 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
1