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Webjet Limited ( (AU:WEB) ) has issued an update.
Web Travel Group Limited announced an update on its ongoing buy-back program, reporting the purchase of 489,307 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 11,375,699. This buy-back initiative is part of the company’s strategy to optimize capital structure and enhance shareholder value.
More about Webjet Limited
Web Travel Group Limited operates in the travel industry, offering a range of travel-related services and products. The company’s focus is primarily on providing comprehensive travel solutions and services to its customers.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.17B
Learn more about WEB stock on TipRanks’ Stock Analysis page.