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FleetPartners Group ( (AU:FPR) ) has issued an announcement.
FleetPartners Group Limited has announced an update on its ongoing share buy-back program, revealing that a total of 93,396 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 82,368,351 securities repurchased since the program’s inception. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining a robust financial position in the market.
The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.70 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 financing, leasing, and management, catering primarily to businesses and organizations seeking efficient fleet solutions.
YTD Price Performance: -0.74%
Average Trading Volume: 300,508
Technical Sentiment Signal: Sell
Current Market Cap: A$568.9M
For a thorough assessment of FPR stock, go to TipRanks’ Stock Analysis page.