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Flight Centre Issues Over 1 Million Unquoted Performance Rights Under Staff Incentive Scheme

Story Highlights
  • Flight Centre Travel Group has issued 1,067,201 unquoted performance rights to employees.
  • These restricted securities reflect Flight Centre’s focus on equity-based incentives to align staff and shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Issues Over 1 Million Unquoted Performance Rights Under Staff Incentive Scheme

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

Flight Centre Travel Group Limited has issued 1,067,201 unquoted performance rights (ASX code FLTAP) under its employee incentive scheme, with the securities subject to transfer restrictions and not quoted on the ASX until those restrictions lapse. The move underscores the company’s continued use of equity-based compensation to align employee interests with long-term shareholder value and to support staff retention and motivation across the business.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.50 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 is an Australian-based travel agency group operating in the travel and tourism industry, offering travel booking and related services to retail and corporate customers under its ASX ticker FLT.

Average Trading Volume: 1,312,653

Technical Sentiment Signal: Hold

Current Market Cap: A$3.23B

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

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