Flight Centre Travel Group Updates on Securities Buy-Back Program

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

Flight Centre Travel Group Limited announced an update regarding its ongoing buy-back program, revealing that 153,387 ordinary fully paid securities were bought back on the previous day, adding to a total of 2,177,091 securities repurchased before that day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach to financial management.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$20.00 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, offering a range of travel services and products. The company focuses on providing travel solutions to both individual and corporate clients, positioning itself as a leader in the travel agency market.

Average Trading Volume: 1,328,177

Technical Sentiment Signal: Sell

Current Market Cap: A$2.86B

Learn more about FLT stock on TipRanks’ Stock Analysis page.