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Flight Centre Updates on Share Buy-Back Program

Story Highlights
  • Flight Centre operates in the travel industry, offering comprehensive travel services.
  • The company is actively repurchasing shares 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 Share Buy-Back Program

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

Flight Centre Travel Group Limited announced an update regarding its ongoing on-market buy-back program. As of the latest update, the company has repurchased a total of 4,564,668 ordinary fully paid securities, including 21,002 bought back 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$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 travel services and products. It is known for providing comprehensive travel solutions, including booking flights, accommodations, and other travel-related services, catering to both individual and corporate clients.

Average Trading Volume: 1,172,673

Technical Sentiment Signal: Sell

Current Market Cap: A$2.7B

For an in-depth examination of FLT stock, go to TipRanks’ Overview page.

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