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Flight Centre Calls Virtual Meeting to Approve Pedal Group Share Sale

Story Highlights
  • Flight Centre will hold a virtual general meeting to seek shareholder approval to dispose of its shares in Pedal Group.
  • Shareholders are instructed on proxy and voting procedures as the company prepares to exit Pedal Group and refocus capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Calls Virtual Meeting to Approve Pedal Group Share Sale

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Flight Centre Travel Group Limited ( (AU:FLT) ) has shared an announcement.

Flight Centre Travel Group Limited has called a virtual general meeting for 14 May 2026 to seek shareholder approval for the disposal of shares it holds in Pedal Group. The proxy form outlines how investors can appoint proxies, vote on the resolution and participate online, underscoring the importance of shareholder engagement in approving the planned divestment.

The meeting will be conducted entirely online, with securityholders able to lodge proxies and voting instructions electronically, by mail or by fax ahead of the deadline. Approval of the disposal would enable Flight Centre to exit its investment in Pedal Group, potentially reallocating capital and sharpening its strategic focus on core travel operations.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$10.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

More about Flight Centre Travel Group Limited

Flight Centre Travel Group Limited operates in the travel and tourism industry, focusing on retail and corporate travel services. The company provides flight bookings, holiday packages and related travel products to individual and business customers through a global network of brands and digital platforms.

Average Trading Volume: 1,539,246

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.23B

See more insights into FLT stock on TipRanks’ Stock Analysis page.

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