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Webjet Group Limited ( (AU:WJL) ) has provided an announcement.
Webjet Group Limited has responded to a price query from the ASX regarding recent trading activity in its securities. The company disclosed that an undisclosed buyer is seeking to acquire up to 5% of its shares, approximately 19.6 million shares, at a fixed cash price of $0.80 per share. Webjet confirmed that it is not aware of any undisclosed information that could explain the trading activity and is in compliance with ASX Listing Rules.
More about Webjet Group Limited
Webjet Group Limited operates in the travel industry, providing online travel booking services. The company focuses on offering a range of travel products including flights, hotels, and car rentals, catering to both individual and corporate clients.
Average Trading Volume: 2,897,823
Technical Sentiment Signal: Strong Sell
For an in-depth examination of WJL stock, go to TipRanks’ Stock Analysis page.