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Flight Centre Updates on Share Buy-Back Progress

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Flight Centre Updates on Share Buy-Back Progress

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

Flight Centre Travel Group Limited has announced an update on its ongoing share buy-back program, revealing that a total of 6,912,429 securities have been bought back before the previous day, with an additional 17,478 securities purchased 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, reflecting a proactive approach to financial management and market positioning.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$13.00 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 to customers. The company focuses on offering comprehensive travel solutions, including flights, accommodations, and holiday packages, catering to both individual and corporate clients.

Average Trading Volume: 1,326,983

Technical Sentiment Signal: Sell

Current Market Cap: A$2.63B

Find detailed analytics on FLT stock on TipRanks’ Stock Analysis page.

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