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The latest announcement is out from FleetPartners Group ( (AU:FPR) ).
FleetPartners Group Limited has announced an update regarding its ongoing on-market buy-back program, highlighting the purchase of 142,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to over 82 million. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.90 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 vehicle leasing and fleet management solutions. The company provides a range of services including vehicle leasing, fleet management, and related financial products, primarily targeting businesses and organizations that require efficient vehicle fleet operations.
YTD Price Performance: -1.86%
Average Trading Volume: 309,021
Technical Sentiment Signal: Sell
Current Market Cap: A$573.1M
For a thorough assessment of FPR stock, go to TipRanks’ Stock Analysis page.