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Flight Centre Travel Group Updates on Share Buy-Back Program

Story Highlights
  • Flight Centre specializes in travel services for leisure and business markets globally.
  • The company repurchased shares under its buy-back program to optimize capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Travel Group Updates on Share Buy-Back Program

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

Flight Centre Travel Group Limited has provided an update regarding its ongoing on-market share buy-back program. As part of this initiative, the company repurchased 2,779 fully paid ordinary shares on the previous day, bringing the total number of shares bought back under the program to 8,832,749. This buy-back reflects the company’s efforts to manage its capital structure effectively, potentially delivering value to its shareholders and strengthening its position in the market.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 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, specializing in the provision of travel booking services, products, and management solutions for leisure and business travel markets. The company is known for its global operations and focus on enhancing customer travel experiences.

Average Trading Volume: 1,615,267

Technical Sentiment Signal: Buy

Current Market Cap: A$3.2B

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

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