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Flight Centre Updates on Buy-Back Program

Story Highlights
  • Flight Centre Travel Group operates in the travel industry, offering travel services globally.
  • The company has bought back 5,946,466 securities, with 177,417 purchased recently, as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Updates on Buy-Back Program

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Flight Centre Travel Group Limited ( (AU:FLT) ) just unveiled an update.

Flight Centre Travel Group Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest update, the company has bought back a total of 5,946,466 securities, with an additional 177,417 securities purchased on the previous day. 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$13.00 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 for both leisure and corporate clients, positioning itself as a key player in the global travel market.

Average Trading Volume: 1,328,680

Technical Sentiment Signal: Sell

Current Market Cap: A$2.7B

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

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