tiprankstipranks
Trending News
More News >

Flight Centre Updates on Share Buy-Back Progress

Story Highlights
Flight Centre Updates on Share Buy-Back Progress

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1