Flight Centre Updates on Share Buy-Back Progress

Flight Centre Travel Group Limited ( (AU:FLT) ) just unveiled an update.

Flight Centre Travel Group Limited announced an update on its ongoing share buy-back program, with a daily notification indicating the purchase of 234,872 ordinary fully paid securities 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 by reducing the number of shares outstanding.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.60 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 a range of travel services and products. The company is known for offering travel agency services, including booking flights, accommodations, and other travel-related activities, catering to both individual and corporate clients.

Average Trading Volume: 1,330,088

Technical Sentiment Signal: Sell

Current Market Cap: A$2.72B

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