tiprankstipranks
Advertisement
Advertisement

Flight Centre Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Flight Centre continues its on-market share buy-back, reporting over 13 million ordinary shares repurchased so far.
  • The ongoing buy-back underscores the company’s capital management strategy and signals confidence in its share valuation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Updates Market on Progress of On-Market Share Buy-Back

Claim 55% Off TipRanks

The latest announcement is out from Flight Centre Travel Group Limited ( (AU:FLT) ).

Flight Centre Travel Group Limited has issued an updated notification to the ASX detailing progress under its on-market share buy-back program for ordinary fully paid shares. The latest update, dated 16 March 2026, reports that the company had repurchased a cumulative 12,747,514 shares prior to the previous trading day, with an additional 334,176 shares bought back on that day.

The continuation of the on-market buy-back signals ongoing capital management by Flight Centre, potentially supporting earnings per share and indicating confidence in its valuation. Regular daily disclosures of repurchase activity also provide transparency for shareholders and the market as the program, first notified in April 2025, progresses.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$11.50 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 and tourism industry, focusing on selling flights and related travel services to consumers and corporate clients. The company is listed on the ASX under the code FLT, with ordinary fully paid shares as its primary security class for investors.

YTD Price Performance: -24.58%

Average Trading Volume: 1,446,060

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.4B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1