Flight Centre Travel Group Updates on Securities Buy-Back

Flight Centre Travel Group Limited ( (AU:FLT) ) just unveiled an announcement.

Flight Centre Travel Group Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. The company reported buying back a total of 262,523 securities on the previous day, adding to the cumulative total of 414,163 securities bought back before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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 focuses on providing travel solutions to consumers and businesses, positioning itself as a key player in the travel market.

YTD Price Performance: -17.85%

Average Trading Volume: 1,441,308

Technical Sentiment Signal: Sell

Current Market Cap: A$3.02B

See more data about FLT stock on TipRanks’ Stock Analysis page.