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Flight Centre Travel Group Limited ( (AU:FLT) ) has issued an update.
Flight Centre Travel Group Limited has announced a daily buy-back of its ordinary fully paid securities, with 17,305 securities bought back on the previous day, adding to a total of 676,686 securities bought back before that. This buy-back initiative indicates the company’s strategic move to manage its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial stability.
The most recent analyst rating on (AU:FLT) stock is a Hold with a A$19.50 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 industry, offering a range of travel services and products. The company is known for its comprehensive travel solutions, catering to both leisure and corporate clients, and holds a significant position in the market as a leading travel agency.
Average Trading Volume: 1,449,849
Technical Sentiment Signal: Sell
Current Market Cap: A$2.95B
For an in-depth examination of FLT stock, go to TipRanks’ Stock Analysis page.