Flight Centre Updates on Share Buy-Back Progress

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 program. The company reported buying back 130,396 of its ordinary fully paid securities on the previous day, contributing to a total of 2,958,260 securities bought back 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 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 travel agency operations, offering a range of travel-related services to consumers and businesses.

YTD Price Performance: -24.92%

Average Trading Volume: 1,322,701

Technical Sentiment Signal: Sell

Current Market Cap: A$2.73B

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