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FleetPartners Group Updates on Buy-Back Program

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FleetPartners Group Updates on Buy-Back Program

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FleetPartners Group ( (AU:FPR) ) has issued an announcement.

FleetPartners Group Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 74,720 ordinary fully paid securities on the previous day, bringing the total to 81,541,087 securities bought back. This buy-back initiative reflects the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations positively.

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 aimed at optimizing fleet operations for businesses, positioning itself as a key player in the market for corporate vehicle management.

YTD Price Performance: 1.49%

Average Trading Volume: 302,578

Technical Sentiment Signal: Hold

Current Market Cap: A$581.6M

For detailed information about FPR stock, go to TipRanks’ Stock Analysis page.

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