Flight Centre Travel Group Updates on Share Buy-Back Progress

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

Flight Centre Travel Group Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back a total of 144,631 ordinary fully paid securities on the previous day, adding to the cumulative total of 1,631,565 securities bought back prior to that. 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, providing travel services and solutions. The company focuses on offering a wide range of travel products, including flights, accommodations, and travel packages, catering to both individual and corporate clients.

YTD Price Performance: -19.72%

Average Trading Volume: 1,320,021

Technical Sentiment Signal: Sell

Current Market Cap: A$2.95B

For a thorough assessment of FLT stock, go to TipRanks’ Stock Analysis page.