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Flight Centre Corrects Convertible Notes Announcement

Story Highlights
  • Flight Centre operates in the travel industry, offering services to leisure and corporate travelers.
  • The company corrected a previous announcement, adjusting the conversion price of its convertible notes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Corrects Convertible Notes Announcement

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An announcement from Flight Centre Travel Group Limited ( (AU:FLT) ) is now available.

Flight Centre Travel Group Limited issued a correction to a previous announcement regarding its A$400 million convertible notes due in 2028. The correction involves an adjustment to the conversion price of the notes, following a dividend payment to shareholders, which impacts the financial terms for noteholders.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$13.00 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 industry, providing travel services and products. The company focuses on offering travel solutions to a wide range of customers, including leisure and corporate travelers.

Average Trading Volume: 1,326,983

Technical Sentiment Signal: Sell

Current Market Cap: A$2.63B

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

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