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Webjet Group Considers Capital Return Amid Shareholder Engagement

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Webjet Group Considers Capital Return Amid Shareholder Engagement

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Webjet Group Limited ( (AU:WJL) ) has shared an announcement.

Webjet Group Limited has received a request from entities associated with Ariadne Australia Ltd and BGH Capital to include a resolution for a capital return of up to $100 million in its AGM notice. The company is considering various capital management initiatives and is open to shareholder engagement, with updates to be provided at or before the AGM.

The most recent analyst rating on (AU:WJL) stock is a Buy with a A$0.95 price target. To see the full list of analyst forecasts on Webjet Group Limited stock, see the AU:WJL Stock Forecast page.

More about Webjet Group Limited

Webjet Group Limited operates in the travel industry, providing online travel booking services. It focuses on offering a range of travel products and services to consumers and businesses, primarily through its digital platforms.

Average Trading Volume: 2,926,203

Technical Sentiment Signal: Strong Buy

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

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