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Flight Centre Updates on Share Buy-Back Progress

Story Highlights
  • Flight Centre Travel Group operates in the travel industry, offering comprehensive travel solutions.
  • The company continues its share buy-back program, purchasing 5,447 securities recently.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flight Centre Updates on Share Buy-Back Progress

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Flight Centre Travel Group Limited ( (AU:FLT) ) has issued an update.

Flight Centre Travel Group Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 5,447 ordinary fully paid securities on the previous day, adding to a total of 65,903 securities bought back before that day. This buy-back initiative reflects the company’s strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$19.50 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, providing 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: 1,417,363

Technical Sentiment Signal: Sell

Current Market Cap: A$2.9B

For detailed information about FLT stock, go to TipRanks’ Stock Analysis page.

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