Flight Centre Updates Market on Ongoing On-Market Share Buy-Back

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

Flight Centre Travel Group Limited has continued its on-market share buy-back program, updating investors with a daily notification to the ASX. The company reported that it has repurchased a cumulative 13,971,279 ordinary fully paid shares prior to the most recent trading day.

On the previous day alone, Flight Centre bought back an additional 144,817 FLT shares as part of this ongoing capital management initiative. The regular updates underscore the scale and pace of the buy-back, which may support earnings per share and signal management confidence to shareholders.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$11.00 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 is an Australian-listed company operating in the travel services industry. It focuses on selling flights and related travel products to retail and corporate customers, with its ordinary fully paid shares trading on the ASX under the code FLT.

Average Trading Volume: 1,426,956

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.38B

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