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Flight Centre Updates on Share Buy-Back Program

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Flight Centre Updates on Share Buy-Back Program

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

Flight Centre Travel Group Limited has announced an update on its ongoing on-market buy-back program, reporting the purchase of 35,035 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to over 4.5 million. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach to financial management and market positioning.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$20.00 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 including flight bookings, accommodation, and holiday packages. The company focuses on providing comprehensive travel solutions to both individual and corporate clients, positioning itself as a leading player in the global travel market.

Average Trading Volume: 1,162,752

Technical Sentiment Signal: Sell

Current Market Cap: A$2.68B

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

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