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Flight Centre Updates on Securities Buy-Back Progress

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Flight Centre Updates on Securities Buy-Back Progress

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

Flight Centre Travel Group Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest notification, the company bought back a total of 266,246 securities on the previous day, adding to the cumulative total of 5,121,002 securities repurchased before that 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 Buy with a A$15.50 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, offering a range of travel services and products. The company is known for its comprehensive travel solutions, catering to both leisure and corporate clients, and holds a significant position in the global travel market.

Average Trading Volume: 1,319,658

Technical Sentiment Signal: Sell

Current Market Cap: A$2.78B

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

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