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FleetPartners Group ( (AU:FPR) ) has provided an announcement.
FleetPartners Group Limited has announced a daily update on its ongoing on-market buy-back program, with a total of 83,976,292 securities bought back before the previous day and an additional 66,000 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.00 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 vehicle leasing and fleet management solutions. The company is known for its comprehensive services that cater to both corporate and individual clients, aiming to optimize fleet operations and reduce costs.
YTD Price Performance: 7.81%
Average Trading Volume: 762,978
Technical Sentiment Signal: Buy
Current Market Cap: A$638.3M
See more insights into FPR stock on TipRanks’ Stock Analysis page.