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Helloworld Travel Expands Stake in Phil Hoffmann Travel

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Helloworld Travel Expands Stake in Phil Hoffmann Travel

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An announcement from Helloworld Travel Ltd ( (AU:HLO) ) is now available.

Helloworld Travel Limited announced the issuance of shares as part of the Tranche 2 equity consideration for acquiring a 40% stake in Phil Hoffmann Travel. This move, completed and announced to the ASX, involves quoting 113,636 ordinary fully paid securities, potentially strengthening Helloworld’s market position and expanding its operational capabilities.

The most recent analyst rating on (AU:HLO) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Helloworld Travel Ltd stock, see the AU:HLO Stock Forecast page.

More about Helloworld Travel Ltd

Helloworld Travel Ltd operates in the travel industry, providing travel services and solutions. The company focuses on offering a range of travel-related products and services to its customers.

Average Trading Volume: 314,178

Technical Sentiment Signal: Hold

Current Market Cap: A$291.1M

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

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