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Flight Centre Travel Group Limited ( (AU:FLT) ) just unveiled an update.
Flight Centre Travel Group Limited has announced an update regarding its ongoing share buy-back program. The company reported the purchase of 215,859 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 3,694,979. This buy-back initiative may impact the company’s market positioning by potentially increasing shareholder value and optimizing capital structure.
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 focuses on offering travel solutions to a diverse market, including leisure and corporate travel sectors.
YTD Price Performance: -25.22%
Average Trading Volume: 1,335,160
Technical Sentiment Signal: Sell
Current Market Cap: A$2.72B
Find detailed analytics on FLT stock on TipRanks’ Stock Analysis page.