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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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Helloworld Travel Ltd ( (AU:HLO) ) has shared an announcement.

Helloworld Travel Limited has issued 113,636 fully paid ordinary shares to Totara Pty Ltd as part of the equity consideration for acquiring a 40% stake in Phil Hoffmann Travel. This move is part of the company’s strategic acquisition announced earlier, and it reflects Helloworld’s ongoing compliance with corporate regulations, ensuring transparency and adherence to disclosure obligations.

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 Limited operates in the travel industry, offering travel services and products. The company focuses on providing comprehensive travel solutions and has a market presence in various regions.

Average Trading Volume: 314,178

Technical Sentiment Signal: Hold

Current Market Cap: A$291.1M

For a thorough assessment of HLO stock, go to TipRanks’ Stock Analysis page.

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