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FleetPartners Group Updates on Securities Buy-Back Program

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FleetPartners Group Updates on Securities Buy-Back Program

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The latest update is out from FleetPartners Group ( (AU:FPR) ).

FleetPartners Group Limited has announced an update on its ongoing on-market buy-back program, revealing that it has repurchased a total of 80,699,553 securities, with an additional 132,000 bought back on the previous day. 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 maintaining financial stability and optimizing shareholder returns.

The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.60 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, with a market focus on enhancing cost efficiency and operational effectiveness for its clients.

YTD Price Performance: 4.83%

Average Trading Volume: 274,659

Technical Sentiment Signal: Hold

Current Market Cap: A$609.3M

For an in-depth examination of FPR stock, go to TipRanks’ Overview page.

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