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Flight Centre Travel Group Limited (AU:FLT)
ASX:FLT

Flight Centre Travel Group Limited (FLT) AI Stock Analysis

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AU:FLT

Flight Centre Travel Group Limited

(Sydney:FLT)

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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
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Neutral 62 (OpenAI - 5.2)
Rating:62Neutral
Price Target:
AU$12.00
▲(4.62% Upside)
Action:ReiteratedDate:02/25/26
The score is driven primarily by improving fundamentals (strong revenue rebound and stable leverage) and supportive reaffirmed guidance, but is held back by significant cash flow weakness and clearly bearish technical momentum. Valuation adds mild pressure given the higher P/E, partially cushioned by the dividend yield.
Positive Factors
Revenue and TTV recovery
Sustained TTV and revenue recovery evidences structural demand rebound across leisure and corporate channels. Higher volumes improve negotiating leverage with suppliers, support recurring commission and fee income, and underpin management's FY26 guidance, aiding durable top-line stability over 2–6 months.
Corporate travel strength & diversification
Robust corporate profit growth and diversified revenue streams (payments, M&E, consulting) increase recurring, higher‑margin revenue and client stickiness. Corporate scale and professional services resilience reduce cyclicality relative to leisure, supporting steadier cash flows and margin durability.
Digital and AI-driven productivity
Digital adoption and AI productivity gains lower unit servicing costs and raise consultant throughput, improving long‑term operating leverage. A growing online mix reduces reliance on store footprint, enabling scalable bookings, better margins per FTE and structural cost efficiency over the medium term.
Negative Factors
Weak cash generation
Severe cash conversion weakness undermines balance sheet flexibility and raises liquidity risk. With free cash flow falling sharply, the company is more constrained to fund buybacks, dividends, capex or absorb shocks, making earnings less resilient if revenue growth softens in coming quarters.
HQ losses and interest headwind
Persistent HQ losses are a structural drag on consolidated profitability, offsetting operational improvements. Combined with volatile and lower interest income, this reduces converted PBT and limits reinvestment capacity, creating a recurring earnings headwind until HQ costs or interest dynamics change.
Leisure margin mix pressure & regional fragility
A structural shift toward lower‑margin leisure mix and ongoing regional volatility (notably Asia and U.S. swings) compresses margins and raises earnings volatility. Front‑loaded loyalty and sales investments also weigh on near‑term margin sustainability absent sustained higher‑yield demand.

Flight Centre Travel Group Limited (FLT) vs. iShares MSCI Australia ETF (EWA)

Flight Centre Travel Group Limited Business Overview & Revenue Model

Company DescriptionFlight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets. It also provides tour operations, hotel management, and destination management services. In addition, the company offers other travel related services, including foreign currency exchange and travel academies; recruitment marketing and bike retailing; and employee benefit services. It provides its services primarily under the Flight Centre brand, as well as other travel brands, such as Student Flights, Travel Associates, Liberty Travel, Infinity Holidays, GOGO Vacations, FCm Travel Solutions, Corporate Traveller, Stage and Screen, and cievents. The company was formerly known as Flight Centre Limited and changed its name to Flight Centre Travel Group Limited in November 2013. Flight Centre Travel Group Limited was incorporated in 1987 and is headquartered in South Brisbane, Australia.
How the Company Makes MoneyFLT primarily makes money by earning revenue from arranging and managing travel for customers rather than (in most cases) owning the underlying travel inventory. Its key revenue streams include: (1) Supplier commissions and incentives: FLT earns commissions, rebates, and performance-based incentives paid by travel suppliers (e.g., airlines, hotels, tour operators, cruise lines, and car rental companies) for distributing their products and achieving agreed sales volumes or targets. (2) Service fees charged to customers: FLT charges professional service fees for travel planning, booking, changes/cancellations, and complex itinerary management; in corporate travel, this also includes transaction fees and account management fees tied to ongoing travel program support. (3) Margin on travel products sold: Where FLT acts as principal or packages products (such as bundled holidays), it can earn a margin between the price it secures from suppliers and the price paid by the customer, subject to contractual arrangements. (4) Corporate travel management revenues: Through business travel operations, FLT generates recurring revenue from corporate clients for managing travel spend, policy compliance, reporting, and traveler support, commonly supported by supplier economics and client fees. (5) Ancillary and related income: FLT can earn additional income from selling add-ons (e.g., travel insurance, seat selection, transfers, and other extras) and from other travel-related services where applicable. FLT’s earnings are influenced by travel demand and volumes, supplier commercial terms (including commission/incentive structures), exchange rates and macro conditions affecting international travel, and the scale and retention of corporate accounts and supplier partnerships.

Flight Centre Travel Group Limited Earnings Call Summary

Earnings Call Date:Feb 24, 2026
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Aug 26, 2026
Earnings Call Sentiment Positive
The call conveyed solid operational momentum across both corporate and leisure: record and growing TTV, strong corporate profit expansion (20%), productivity and AI-driven efficiency gains, meaningful digital growth, targeted M&A and active capital management (buybacks, new notes). Key negative factors—lower interest income reducing PBT uplift versus EBITDA, HQ losses, front‑loaded investments and regional volatility (notably U.S. and Asia) that pressured leisure margins—are material but appear manageable within the reaffirmed FY26 guidance. On balance, the positive operational and strategic progress (revenue and TTV growth, corporate margin uplift, AI/productivity wins and successful integration of acquisitions) outweighs the transitory and capital/market headwinds highlighted.
Q2-2026 Updates
Positive Updates
Group TTV and Revenue Growth
Total transaction value (TTV) grew 7% to $12.5bn and group revenue rose 6% to $1.4bn in H1 FY26.
Profitability and Earnings
Underlying EBITDA increased 9% to $213m and underlying PBT increased 4% to $125m; interim dividend raised to $0.12 per share and EPS increased to just over $0.28.
Strong Corporate Performance
Corporate division TTV grew 6% and profit grew 20% (converted from top-line growth), with Corporate Traveller on track to exceed $5bn TTV and new revenue streams (payments, M&E, consulting) now >10% of corporate revenue.
Leisure Momentum and Digital Growth
Leisure TTV rose 10% to just under $6bn; revenue up 6% to $690m. Online sales in leisure grew 14% to almost $900m (≈15% of sales) and flightcentre.com accounts for just over 50% of bookings in that brand.
High‑Growth Brands and Segments
Scott Dunn TTV +20% and profit ≈+80%; specialist category TTV +30%+; cruise scale building (Iglu integration) and on track to exceed $2bn cruise TTV this year.
Productivity and AI Gains
Corporate productivity improved ~13% (cited) and group productivity increased materially over multi-year program (TTV per FTE exceeded $1m). AI co-consult saved consultants ~30 minutes per itinerary and AI is embedded across platforms handling millions of inquiries.
Capital Management and Shareholder Returns
Issued $450m of longer-dated notes, continued on-market buyback ($126m executed to date, ~10m shares retired) and announced higher interim dividend; FY26 guidance reaffirmed at underlying PBT $315m–$350m (midpoint $332.5m, ~15% y/y).
Portfolio Simplification and Strategic M&A
Divestiture of noncore assets (e.g., Cross Hotels), closure of underperforming units, and targeted acquisitions (Iglu, Cruise Club, Scott Dunn) to reallocate capital into defensible, high-growth leisure and corporate segments.
Negative Updates
PBT Growth Held Back by Lower Interest Income
Underlying PBT only rose 4% despite EBITDA +9% due primarily to materially lower interest income after official rate cuts and lower cash reserves following the share buyback.
Leisure Profit Decline and Mix Pressure
Leisure underlying PBT was $61m versus $64m prior year (down), with margin dilution driven by a shift toward lower‑margin, shorter‑haul destinations and lower‑margin brands increasing share of mix (from ~34% to ~38% of portfolio). Revenue margin was modestly down (~13 basis points H1).
HQ (Other) Segment Losses and Interest Headwind
HQ segment reported larger losses in H1 largely due to lower interest income; management indicated a likely full-year HQ loss of around $90m–$95m, which will offset some operational gains.
Market Volatility and Regional Weakness
Volatility from late 2025 carried into Q1 2026 (e.g., U.S. demand hit by Liberation Day comments, Middle East tensions) causing significant month-by-month swings (April U.S. volume down ~20% in some markets) and reduced supplier overrides in the prior-quarter comparatives.
Asia Recovering but Still Fragile
Asia returned to profitability but only at a small run rate; H1 included a $4m–$4.5m release of provisions. Management cautioned the region remains volatile and further releases are not expected.
Front‑Loaded Investment and Loyalty Costs
Leisure margin was impacted by front-loaded investments in sales staff, product, technology and stores; loyalty program setup costs taken below the line were ~$16m in H1 with ~another ~$10m expected in H2 (~$26m total) before folding into leisure P&L.
Dividend Franking and Capital Constraints
Use of carry-forward tax losses means the final dividend for 2026 will likely be partially franked and management expects to revert to unfranked dividends for FY27, limiting franking credit flexibility.
Guidance Sensitivity and Conservative Skew
FY26 guidance reaffirmed but requires stronger H2 performance (company is 4% up YTD vs a 15% full-year implied growth to midpoint); management noted a conservative approach given macro uncertainty and seasonal skew (38% H1 / 62% H2).
Company Guidance
Flight Centre reaffirmed FY‑26 underlying PBT guidance of $315–$350m (midpoint $332.5m, ~15% YoY growth) and a typical H1:H2 skew of ~38%:62%; this follows a H1 where group TTV rose 7% to $12.5bn, revenue was up 6% to $1.4bn, underlying EBITDA grew 9% to $213m and underlying PBT was $125m, while leisure TTV rose 10% to just under $6bn (revenue $690m, PBT $61m) and corporate delivered top‑line +6% and profit +20% (Corporate Traveller on track to exceed $5bn TTV, M&E/professional services >10% of corporate revenue); digital and AI traction includes group online sales +14% to ~ $900m (≈15% of group sales), Flight Centre brand now >50% online, co‑consult/AI saving ~30 minutes per itinerary and TTV per FTE >$1m; management expects FY‑26 capex ~ $85m, cruise TTV to exceed $2bn, has increased the interim dividend to $0.12/sh (full franked; final likely partially franked and FY‑27 likely unfranked), and continues capital actions (issued $450m of longer‑dated notes, $126m of a $200m buyback executed to date), while flagging HQ segment headwinds (c. $90–$95m FY loss run‑rate).

Flight Centre Travel Group Limited Financial Statement Overview

Summary
Income statement shows a solid recovery (27.1% revenue growth and improved net margin to 3.93%), and the balance sheet looks manageable (debt-to-equity 0.72). The main drag is cash generation: free cash flow growth is -83.27% and operating cash flow to net income is very low (0.07), raising liquidity and quality-of-earnings concerns.
Income Statement
75
Positive
Flight Centre Travel Group Limited has shown a strong recovery in its income statement metrics. The gross profit margin is exceptionally high at 94.08%, indicating efficient cost management. The net profit margin has improved to 3.93%, reflecting a positive turnaround from previous losses. Revenue growth is robust at 27.1%, highlighting strong demand recovery. However, EBIT and EBITDA margins have slightly declined compared to the previous year, suggesting some pressure on operating efficiency.
Balance Sheet
70
Positive
The balance sheet shows a stable financial position with a debt-to-equity ratio of 0.72, which is manageable and indicates a balanced approach to leverage. Return on equity stands at 8.94%, showing improved profitability. The equity ratio is healthy, suggesting a strong capital structure. However, the company has a history of high leverage, which could pose risks if not managed carefully.
Cash Flow
60
Neutral
Cash flow metrics indicate challenges, with a significant decline in free cash flow growth at -83.27%. The operating cash flow to net income ratio is low at 0.07, suggesting limited cash generation from operations relative to net income. The free cash flow to net income ratio is 26.23%, indicating some cash flow conversion issues. These factors highlight potential liquidity concerns that need addressing.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue2.86B2.78B2.71B2.28B1.01B395.91M
Gross Profit1.09B2.62B2.56B2.18B-25.53M393.58M
EBITDA398.34M415.88M461.37M301.43M-202.71M-444.10M
Net Income109.48M109.49M139.64M47.46M-286.65M-433.13M
Balance Sheet
Total Assets4.66B4.11B4.21B4.53B3.86B3.36B
Cash, Cash Equivalents and Short-Term Investments733.95M835.14M1.17B1.35B1.23B1.36B
Total Debt1.55B884.11M988.15M1.36B1.32B1.28B
Total Liabilities3.47B2.89B3.01B3.40B3.09B2.41B
Stockholders Equity1.18B1.22B1.20B1.14B775.83M956.04M
Cash Flow
Free Cash Flow210.53M36.50M325.88M64.14M-141.75M-948.03M
Operating Cash Flow245.92M139.16M421.48M156.17M-101.37M-910.68M
Investing Cash Flow-236.46M-97.11M-75.70M-240.46M-83.90M-33.73M
Financing Cash Flow41.51M-422.50M-489.00M134.11M92.93M355.88M

Flight Centre Travel Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price11.47
Price Trends
50DMA
13.88
Negative
100DMA
13.67
Negative
200DMA
13.01
Negative
Market Momentum
MACD
-0.68
Negative
RSI
33.18
Neutral
STOCH
38.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FLT, the sentiment is Negative. The current price of 11.47 is below the 20-day moving average (MA) of 12.10, below the 50-day MA of 13.88, and below the 200-day MA of 13.01, indicating a bearish trend. The MACD of -0.68 indicates Negative momentum. The RSI at 33.18 is Neutral, neither overbought nor oversold. The STOCH value of 38.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FLT.

Flight Centre Travel Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
AU$2.35B36.557.19%1.37%-4.98%-42.11%
66
Neutral
€231.61M2.449.92%7.57%-14.10%-5.99%
63
Neutral
AU$1.92B5.2637.89%3.56%-48.80%-35.88%
62
Neutral
$2.43B13.279.09%2.63%2.70%-22.30%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
54
Neutral
AU$950.81M13.26-12.34%-8.73%-99.88%
42
Neutral
AU$8.69M-0.1962.83%-55.08%65.45%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:FLT
Flight Centre Travel Group Limited
11.47
-2.52
-18.00%
AU:CTD
Corporate Travel Management Limited
16.07
1.50
10.30%
AU:WEB
WEB Travel Group
2.88
-1.73
-37.53%
AU:HLO
Helloworld Travel Ltd
1.42
-0.04
-2.68%
AU:JAY
Jayride Group Ltd.
0.01
0.00
0.00%
AU:PMV
Premier Investments Limited
11.98
-8.52
-41.56%

Flight Centre Travel Group Limited Corporate Events

Flight Centre Continues On-Market Share Buy-Back Program
Mar 19, 2026

Flight Centre Travel Group Limited has reported its latest daily update under its on-market share buy-back program for its ordinary fully paid shares. The company, which trades on the ASX under code FLT, is continuing a buy-back first notified in April 2025, signalling ongoing capital management activity via repurchases on 20 March 2026.

In the latest disclosure, Flight Centre confirmed that a total of 13,465,831 shares had been bought back before the previous trading day, with a further 122,932 shares repurchased on the previous day. The continuation of this on-market buy-back reduces the number of shares on issue and may enhance earnings per share, underscoring management’s focus on shareholder returns and balance sheet optimisation.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.75 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre boosts UK meetings and events reach with Fresh Approach acquisition
Mar 19, 2026

Flight Centre Travel Group has acquired UK-based brand-experience and meetings and events agency Fresh Approach, which will be integrated into its FCM Meetings & Events operation while retaining its creative identity and leadership team. Fresh is forecast to generate about £18m in turnover and £1.2m in EBITDA in FY26, immediately enhancing Flight Centre’s capabilities in creative, production and experiential services and allowing the group to offer a seamless end-to-end M&E solution in the UK.

The deal reduces Flight Centre’s reliance on third-party suppliers, improves margin capture in a UK M&E market expected to grow around 7% annually and deepens client relationships by expanding value-added services beyond traditional travel management. It also opens significant cross-selling opportunities, enabling Flight Centre to market Fresh’s services to its 2,200 UK corporate customers while offering its global travel management to Fresh’s blue-chip client base, supporting the company’s strategy to grow non-traditional revenue streams that already contribute nearly 10% of corporate sector revenue.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.75 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On-Market Share Buy-Back Program
Mar 18, 2026

Flight Centre Travel Group Limited has continued its on-market share buy-back program, reporting that it repurchased 9,167 ordinary fully paid shares on the previous trading day. This brings the cumulative total of securities bought back under the current program, first notified in April 2025, to 13,456,664 shares, reflecting ongoing capital management initiatives that may influence the company’s share capital structure and earnings per share over time.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre updates market on progress of on‑market share buy‑back
Mar 17, 2026

Flight Centre Travel Group Limited has issued an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The company reported that a total of 13,330,946 shares had been repurchased prior to the previous trading day, with an additional 125,718 shares bought back on the previous day, as part of a buy-back program first notified in April 2025 and now updated with daily activity.

The latest notice, dated 18 March 2026, confirms that the buy-back remains active and is being reported through daily updates as required under ASX rules. Continued execution of the on-market buy-back signals management’s ongoing capital management initiative, which can support earnings per share, potentially enhance shareholder value and may be interpreted as confidence in the company’s longer-term outlook.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On‑Market Share Buy‑Back
Mar 16, 2026

Flight Centre Travel Group Limited has reported an update to its on-market share buy-back program for its ordinary fully paid shares on the ASX. The company disclosed that, as of 17 March 2026, it had repurchased a total of 13,081,690 shares prior to the previous trading day and a further 249,256 shares on the previous day.

The ongoing daily buy-back notifications indicate that Flight Centre is actively reducing its share count, which can signal confidence in its valuation and provide potential support for its share price. This continued capital management activity may affect earnings per share and ownership concentration, and is relevant for investors tracking the company’s capital structure and market positioning.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On-Market Share Buy-Back
Mar 15, 2026

Flight Centre Travel Group Limited has issued an updated notification to the ASX detailing progress under its on-market share buy-back program for ordinary fully paid shares. The latest update, dated 16 March 2026, reports that the company had repurchased a cumulative 12,747,514 shares prior to the previous trading day, with an additional 334,176 shares bought back on that day.

The continuation of the on-market buy-back signals ongoing capital management by Flight Centre, potentially supporting earnings per share and indicating confidence in its valuation. Regular daily disclosures of repurchase activity also provide transparency for shareholders and the market as the program, first notified in April 2025, progresses.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues Daily Update on Ongoing On‑Market Share Buy‑Back
Mar 12, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its on-market share buy-back program for its ordinary fully paid shares under code FLT. The company reported that it had repurchased a cumulative total of 12,389,451 shares before the previous day and a further 358,063 shares on the previous trading day as part of this ongoing buy-back.

The latest daily update, dated 13 March 2026, follows the initial buy-back notification lodged in April 2025 and the prior update from 12 March 2026. This continued execution of on-market repurchases signals management’s active capital management strategy, potentially supporting earnings per share and indicating confidence in the company’s valuation for existing shareholders.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Ongoing On‑Market Share Buy‑Back
Mar 11, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX on the progress of its on‑market share buy‑back program for ordinary fully paid shares. The company reported that a total of 12,145,674 shares had been repurchased before the previous trading day, with an additional 243,777 shares bought back on the prior day, indicating continued execution of its capital management strategy.

The ongoing buy‑back, first announced in April 2025 and updated daily, reduces the number of shares on issue and may enhance earnings per share and shareholder value over time. Regular disclosure of daily repurchase volumes also signals the company’s commitment to transparency in its capital management activities and provides investors with insight into the pace of the buy‑back.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

JPMorgan Drops Below Substantial Holding in Flight Centre
Mar 11, 2026

JPMorgan Chase & Co. and its affiliates have notified Flight Centre Travel Group that they have ceased to be a substantial shareholder in the company as of 9 March 2026. The change reflects adjustments across several JPMorgan entities, including securities lending, collateral holdings and principal trading activities, which collectively reduced their relevant interest below the substantial holding threshold and may slightly alter the travel group’s institutional investor mix.

The notice details movements in ordinary shares held or lent by various JPMorgan subsidiaries in the U.K., U.S., Australia and Asia, as securities were borrowed, returned or traded in proprietary capacities. While the filing is primarily technical in nature, the exit of JPMorgan as a substantial holder could modestly impact Flight Centre’s shareholder base composition but does not, on its face, indicate any direct change to the company’s operations or strategic direction.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On-Market Share Buy-Back Program
Mar 10, 2026

Flight Centre Travel Group has continued its on-market share buy-back program, reporting that it has repurchased a cumulative 12,031,136 ordinary fully paid shares prior to the latest trading day. On the previous day alone, the company bought back an additional 114,538 shares, reflecting the ongoing execution of a capital management strategy that may support earnings per share and signal confidence in the business to investors.

The latest update, lodged on 11 March 2026, follows the initial buy-back notification made in April 2025 and confirms the program remains active. Regular daily disclosures give shareholders transparency on the pace and scale of the buy-back, which can influence the company’s share supply dynamics and potentially its market valuation over time.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On‑Market Share Buy‑Back
Mar 9, 2026

Flight Centre Travel Group Limited has reported ongoing activity under its on‑market share buy‑back program for its ordinary fully paid shares. The latest update, dated 10 March 2026, confirms that the company repurchased 270,845 shares on the previous trading day, bringing the cumulative total bought back to 11,760,291 shares since the program commenced.

The continued execution of the buy‑back signals management’s intent to return capital to shareholders and potentially support the company’s share price. Regular daily notifications also provide transparency to investors about the scale and pace of capital management, which may influence market perceptions of Flight Centre’s balance sheet strength and confidence in its future performance.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Citi Entities Exit Substantial Holder Status in Flight Centre
Mar 9, 2026

Citigroup Global Markets Australia and related Citi group entities have ceased to be substantial shareholders in Flight Centre Travel Group, after a series of transactions on 5 March 2026 altered their relevant interests in the company’s ordinary fully paid shares. The changes stem from securities lending arrangements and ordinary-course stock market trades that shifted holdings among Citi affiliates, reducing Citigroup Global Markets Australia’s stake below the substantial holder threshold and redistributing exposure within the wider Citi group, which may slightly broaden Flight Centre’s shareholder base while leaving control of the company unaffected.

The notice details increases and decreases in relevant interests held by Citibank N.A. Sydney Branch, Citigroup Global Markets Inc and other Citi entities, primarily tied to obligations to return stock under securities lending agreements. While the moves are largely administrative and transactional in nature, they formally remove Citigroup Global Markets Australia from Flight Centre’s register of substantial holders, a development that investors may monitor as part of broader changes in institutional ownership of the travel group’s shares.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues Daily Update on Ongoing Share Buy-Back
Mar 8, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that it has repurchased a cumulative total of 11,513,691 shares prior to the latest trading day and acquired an additional 246,600 shares on the previous day as part of this capital management initiative.

The announcement, dated 9 March 2026, reflects a routine daily update under an existing buy-back first notified in April 2025 and last updated on 6 March 2026. This continued execution of the buy-back program indicates Flight Centre’s active approach to managing its share base and capital structure, which can influence earnings per share and shareholder value over time.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On‑Market Share Buy‑Back
Mar 5, 2026

Flight Centre Travel Group Limited, a major ASX-listed travel agency operator, continues to leverage its market position in leisure and corporate travel across domestic and international routes. The company generates revenue by arranging flights, holiday packages and associated travel services for a broad customer base.

The company has provided an updated daily notification on its on‑market share buy-back of ordinary fully paid shares under code FLT. As of the latest notice dated 6 March 2026, Flight Centre has repurchased a cumulative 11,265,832 shares prior to the previous day, plus a further 247,859 shares on the previous trading day, signalling ongoing capital management aimed at reducing shares on issue and potentially enhancing shareholder value.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues New Shares on Conversion of Unquoted Securities
Mar 5, 2026

Flight Centre Travel Group Limited has notified the market of the issue of 30,730 ordinary fully paid shares following the conversion or exercise of previously unquoted options or other unquoted convertible securities. The new securities, issued on 27 February 2026, slightly expand the company’s share base and reflect ongoing utilisation of equity-based instruments within its capital management and employee or investor incentive structures.

The conversion of these unquoted securities into listed ordinary shares marginally dilutes existing shareholders but also signals alignment of option or security holders with long-term equity value. While the size of the issuance is modest relative to Flight Centre’s total capital, such movements are closely watched by investors as indicators of management incentives, confidence, and the evolution of the company’s capital structure.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of Ongoing Share Buy-Back
Mar 3, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX on the progress of its on-market share buy-back program for its ordinary fully paid shares. The company reported that a cumulative total of 10,509,872 shares had been repurchased before the prior trading day, with an additional 520,046 shares bought back on the previous day as part of the ongoing program.

The update, dated 4 March 2026, relates to a buy-back that was initially announced in April 2025 and confirms continued execution of the capital management initiative. By steadily retiring shares through daily market purchases, Flight Centre is likely aiming to optimise its capital structure and potentially enhance shareholder value through a reduced share count and improved earnings per share metrics.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On-Market Share Buy-Back
Mar 2, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that a cumulative 10,491,691 shares had been repurchased before the previous day, with an additional 18,181 shares bought back on the prior trading day.

The daily update, dated 3 March 2026, reflects the continued execution of a buy-back that was initially notified in April 2025. The program reduces the number of shares on issue, which can be supportive of earnings per share and may signal management’s confidence in the company’s valuation to investors and other stakeholders.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre issues daily update on ongoing on-market share buy-back
Mar 1, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that, as of the current update, 10,268,126 shares had been bought back prior to the previous day, with an additional 223,565 shares repurchased on the previous trading day.

The latest filing, dated 2 March 2026, is a daily buy-back notification updating an initial buy-back announcement first lodged on 28 April 2025. This continued execution of on-market repurchases signals that Flight Centre is actively returning capital to shareholders and may be seeking to optimise its capital structure and support its share price through reduced share count.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.05 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Citigroup Group Ceases to Be Substantial Holder in Flight Centre
Feb 25, 2026

Citigroup Global Markets Australia Pty Limited and related Citi entities have notified Flight Centre Travel Group that they have ceased to be substantial holders in the company as of 23 February 2026. The change reflects adjustments in relevant interests arising from securities lending arrangements and ordinary-course stock market transactions across Citi’s Australian, U.S. and UK broker-dealer arms, signaling a reduced concentrated institutional stake and a shift in the company’s shareholding profile.

Citigroup Global Markets Australia’s interest in FLT shares rose modestly, while Citigroup Global Markets Inc recorded an increase and Citigroup Global Markets Limited a notable decrease, all under securities lending agreements. The net effect is that the Citi group no longer holds a substantial position under Australian disclosure thresholds, which may slightly enhance free float and could alter how the stock is held and traded among institutional and other investors.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.45 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre declares interim dividend for half‑year to December 2025
Feb 24, 2026

Flight Centre Travel Group has declared an interim dividend of AUD 0.12 per ordinary fully paid share for the six‑month period ended 31 December 2025. The dividend will trade ex‑dividend on 25 March 2026, with a record date of 26 March 2026 and payment scheduled for 16 April 2026.

This distribution signals a return of cash to shareholders based on the company’s half‑year performance. The announcement may be seen by investors as an indication of management’s confidence in Flight Centre’s financial position and its ability to generate returns during the current reporting period.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$15.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Sets Agenda for FY26 Half-Year Results Presentation
Feb 24, 2026

Flight Centre Travel Group has outlined the agenda for its fiscal 2026 half-year results presentation, scheduled for February 25, 2026. The session will cover an introduction and summary of results, financial performance and key drivers, as well as detailed updates on the corporate and leisure divisions and an outlook for the remainder of FY26, indicating a structured review of its operations and forward plans for stakeholders.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$15.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre lifts profit on record TTV and corporate strength
Feb 24, 2026

Flight Centre Travel Group reported underlying profit before tax of A$124.6m for the half year to 31 December 2025, a 4% rise on the prior period, driven by record total transaction value of A$12.5bn, disciplined cost control and productivity gains. The company highlighted strong growth in its corporate division, solid momentum in leisure travel, and accelerating investment in AI and digital capabilities, positioning it for further margin expansion and reinforcing its competitive standing in a challenging global travel market.

The corporate unit delivered record volumes and a 20% uplift in profit from 6% TTV growth, helped by a productivity program and new revenue streams in consulting, meetings, events and payments. Leisure travel posted broad-based TTV growth and is expected to surpass last year’s profit with the integration of the Iglu acquisition and record January results, while group-wide AI-driven initiatives are improving efficiency and customer experience, supporting the reaffirmed earnings guidance.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$15.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Files Half-Year 2025 Financial Report
Feb 24, 2026

Flight Centre Travel Group Limited has released its Appendix 4D and financial report for the half-year ended 31 December 2025, detailing its results to the market. The report package includes the directors’ report, financial statements, cash flow and balance sheet disclosures, and an independent auditor’s review, giving stakeholders a comprehensive view of the group’s mid-year financial position and performance.

By lodging a full set of reviewed interim accounts, the company is meeting its continuous disclosure obligations and providing transparency around its operations during the period. This level of reporting enables investors, analysts, and creditors to assess Flight Centre’s current financial health, monitor any shifts in its capital structure, and benchmark its performance within the travel sector.

The most recent analyst rating on (AU:FLT) stock is a Hold with a A$15.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Sets Date for Release of First-Half 2026 Results and Investor Webcast
Feb 2, 2026

Flight Centre Travel Group has announced that it will release its first-half financial results for the 2026 fiscal year on Wednesday, February 25, and will host a webcast for investors on the same day at 9:30am AEDT (8:30am Brisbane). The scheduled release and investor webcast underscore the company’s engagement with the market and provide stakeholders with a defined timeline to assess Flight Centre’s latest financial performance and outlook within the travel sector.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Cancels 145,047 Shares Following On-Market Buy-Back
Jan 29, 2026

Flight Centre Travel Group has cancelled 145,047 ordinary fully paid shares following an on-market buy-back completed on 23 January 2026, as disclosed in an Appendix 3H notification to the ASX. The reduction in issued capital through this buy-back is part of the company’s ongoing capital management and is likely to provide a marginal enhancement to earnings per share and capital efficiency for existing shareholders.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$17.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Provides Daily Update on Ongoing On‑Market Share Buy-Back
Jan 22, 2026

Flight Centre Travel Group Limited has issued a daily update on its ongoing on‑market share buy-back program for its ordinary fully paid shares, reporting that a total of 9,783,604 securities had been repurchased prior to the latest trading day and a further 24,948 shares were bought back on the previous day. The continued execution of the buy-back signals management’s focus on capital management and shareholder returns, potentially supporting earnings per share and indicating confidence in the company’s financial position and long-term outlook.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$17.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On-Market Share Buy-Back
Jan 21, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 22 January 2026, the company reported that a cumulative 9,742,052 shares had been bought back prior to the previous day, with an additional 41,552 shares repurchased on the previous trading day, underscoring the continued execution of its capital management strategy and potential implications for share count and shareholder value.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$17.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues Daily Update on Ongoing On‑Market Share Buy-Back
Jan 20, 2026

Flight Centre Travel Group Limited has provided a daily update on its on-market share buy-back program for its ordinary fully paid shares traded under the ASX code FLT. As of 21 January 2026, the company reported it had repurchased a cumulative total of 9,691,262 shares before the previous day and a further 50,790 shares on the previous trading day, signalling ongoing execution of its capital management strategy, which may support earnings per share and reflect management’s confidence in the company’s valuation.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$17.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

JPMorgan Ceases to Be Substantial Holder in Flight Centre Travel Group
Jan 18, 2026

JPMorgan Chase & Co. and its affiliates have notified Flight Centre Travel Group Limited that they have ceased to be a substantial shareholder in the company as of 14 January 2026. The change follows a series of transactions involving securities lending, investment management activities and proprietary trading by various JPMorgan entities, resulting in their collective holding falling below the substantial shareholder threshold, which may alter the company’s institutional investor base and share register composition.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$17.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Corrects Director Interest Disclosure for Graham Turner
Jan 16, 2026

Flight Centre Travel Group has issued a revised director’s interest notice to the ASX, correcting an error in an earlier Appendix 3Y relating to managing director Graham Turner’s performance rights allocation. The updated filing clarifies that the original disclosure overstated the number of performance rights granted, with no suggestion of substantive changes to Turner’s substantial indirect shareholding, and is framed as an administrative correction aimed at maintaining accurate governance and regulatory reporting.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Corrects Administrative Error in Executive Rights Allocation
Jan 16, 2026

Flight Centre Travel Group Limited has updated a prior notification to the ASX regarding the issue of unquoted securities, correcting an administrative error in the number of rights allocated to company founder Graham Turner. The rectification clarifies the accurate allocation of these rights, ensuring the company’s equity records and market disclosures remain accurate, which is important for governance transparency and for investors monitoring executive equity incentives.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Graham Turner’s Equity Incentives and Shareholdings
Jan 16, 2026

Flight Centre Travel Group has disclosed changes to managing director Graham Turner’s holdings, showing a net increase in his performance rights position while his indirect ordinary shareholding was marginally reduced. Turner has been granted 95,809 new performance rights under the company’s long-term incentive plans, aligned with shareholder approval at the 2025 annual general meeting, while 27,329 existing performance rights lapsed after vesting conditions were not met and 45 ordinary shares were automatically sold by BT Financial Group. The adjustments reflect ongoing use of equity-based incentives to retain and reward senior leadership and fine-tune Turner’s exposure to the company’s long-term performance, with only a negligible impact on his substantial indirect shareholding in Flight Centre.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues Over 1 Million Unquoted Performance Rights Under Staff Incentive Scheme
Jan 16, 2026

Flight Centre Travel Group Limited has issued 1,067,201 unquoted performance rights (ASX code FLTAP) under its employee incentive scheme, with the securities subject to transfer restrictions and not quoted on the ASX until those restrictions lapse. The move underscores the company’s continued use of equity-based compensation to align employee interests with long-term shareholder value and to support staff retention and motivation across the business.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On-Market Share Buy-Back Program
Jan 15, 2026

Flight Centre Travel Group Limited has continued its on-market share buy-back program for its ordinary fully paid shares, reporting that it had repurchased a cumulative total of 9,688,216 shares prior to the latest trading day and a further 3,046 shares on the previous day. The ongoing daily buy-back notifications indicate the company’s active capital management strategy, which may support earnings per share and signal confidence in its financial position, while incrementally reducing the number of shares on issue for existing investors.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Reports Ongoing On-Market Share Buy-Back Activity
Jan 14, 2026

Flight Centre Travel Group Limited has reported ongoing activity under its on-market share buy-back program, involving its ordinary fully paid shares listed on the ASX under code FLT. In the latest daily notification dated 15 January 2026, the company disclosed that it has repurchased a cumulative 9,666,544 shares prior to the previous trading day and bought back an additional 21,672 shares on the previous day, signalling continued execution of its capital management strategy through reducing its share count.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Cancels 831,016 Shares Under On‑Market Buy‑Back
Jan 14, 2026

Flight Centre Travel Group Limited has cancelled 831,016 fully paid ordinary shares as part of an on‑market buy‑back completed on 13 January 2026. The reduction in issued capital through this buy‑back signals ongoing capital management efforts that may enhance earnings per share and potentially support shareholder value, while modestly tightening the company’s free float in the market.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues 183,327 Unquoted Performance Rights Under Staff Incentive Plan
Jan 14, 2026

Flight Centre Travel Group Limited has notified the market of the issue of 183,327 unquoted performance rights under its employee incentive scheme, with an issue date of 31 December 2025. These performance rights, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse, underscore the company’s use of equity-based incentives to align employees with shareholder interests and support long‑term performance and retention objectives.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Reports Lapse of 30,640 Performance Rights
Jan 14, 2026

Flight Centre Travel Group Limited has notified the market that 30,640 performance rights (ASX code FLTAP) have lapsed as of 31 December 2025 because the conditions attached to those rights were not satisfied or became incapable of being satisfied. The cessation slightly reduces the company’s potential future share issuance under this incentive scheme and clarifies the current composition of its issued capital for investors and other stakeholders.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues 63,174 New Shares on Conversion of Unquoted Securities
Jan 14, 2026

Flight Centre Travel Group Limited has notified the market of the issue of 63,174 fully paid ordinary shares following the exercise or conversion of previously unquoted securities, with an effective issue date of 31 December 2025. The move modestly increases the company’s share capital and reflects ongoing participation in equity-based incentive or financing arrangements, with implications for dilution that existing shareholders and prospective investors may factor into their assessment of the group’s capital structure and ownership base.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On‑Market Share Buy-Back Program
Jan 13, 2026

Flight Centre Travel Group Limited has issued an updated notification to the ASX confirming the ongoing execution of its on‑market share buy-back program for its ordinary fully paid shares. As at the date of the latest notice, the company has bought back a total of 9,597,982 shares prior to the previous trading day and a further 68,562 shares on the previous day, reflecting continued capital management activity that reduces the number of shares on issue and may enhance earnings per share and shareholder value over time.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On‑Market Share Buy-Back Program
Jan 11, 2026

Flight Centre Travel Group Limited has issued an updated notification to the ASX confirming the continuation of its on‑market share buy-back program for its ordinary fully paid shares. As of 12 January 2026, the company reported that a total of 9,596,634 shares had been repurchased prior to the previous trading day, with an additional 1,348 shares bought back on the prior day, indicating ongoing execution of capital management initiatives that may support earnings per share and signal confidence in the firm’s financial position to investors.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

JPMorgan Ceases to Be Substantial Holder in Flight Centre Travel Group
Jan 9, 2026

JPMorgan Chase & Co. and its affiliates have notified Flight Centre Travel Group Limited that they have ceased to be a substantial shareholder in the company as of 7 January 2026, following a series of transactions including securities lending and principal trading by various JPMorgan entities. The change in holding status, disclosed under Australian substantial shareholding rules, indicates that JPMorgan’s aggregate interest has fallen below the substantial holder threshold, potentially altering the company’s institutional investor base and marginally reshaping the ownership structure seen by market participants.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On-Market Share Buy-Back
Jan 8, 2026

Flight Centre Travel Group Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 9 January 2026, the company reports that it has repurchased a cumulative total of 9,576,296 shares prior to the previous trading day, with an additional 20,338 shares bought back on the previous day, signalling continued active capital management and potential efforts to enhance shareholder value by reducing the number of shares on issue.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On‑Market Share Buy-Back
Jan 7, 2026

Flight Centre Travel Group Limited has released an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back program for its ordinary fully paid shares. As of 8 January 2026, the company reported that a total of 9,574,521 shares had been repurchased prior to the previous trading day, with an additional 1,775 shares bought back on the previous day, indicating the continued, incremental reduction of its share count under the buy-back initiative, which can support capital management objectives and potentially enhance shareholder value.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues Daily Update on Ongoing On‑Market Share Buy‑Back
Jan 6, 2026

Flight Centre Travel Group Limited has provided a daily update on its on‑market share buy‑back program for its ordinary fully paid shares, reporting that it has repurchased a total of 9,370,829 shares prior to the latest trading day and a further 203,692 shares on the previous day. The continued execution of this buy‑back, first notified in April 2025 and now updated as of 7 January 2026, signals an active capital management strategy that may support earnings per share and shareholder value, while potentially consolidating the company’s ownership structure and reflecting management’s confidence in the business outlook.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On-Market Share Buy-Back
Jan 5, 2026

Flight Centre Travel Group Limited has provided an updated daily notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 6 January 2026, the company reports that a total of 9,201,131 shares had been repurchased prior to the previous trading day, with an additional 169,698 shares bought back on that previous day, signalling continued execution of its capital management strategy and potential implications for share supply, earnings per share, and shareholder value.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Issues Daily Update on Ongoing On‑Market Share Buy‑Back
Jan 4, 2026

Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares (FLT). As of 5 January 2026, the company reported that it had repurchased a cumulative total of 9,192,336 shares prior to the previous trading day, and a further 8,795 shares on the previous day, as part of the buy-back that was initially notified in April 2025 and is being reported via daily updates, signaling continued capital management activity that may support earnings per share and shareholder value.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Ongoing On‑Market Share Buy-Back
Jan 1, 2026

Flight Centre Travel Group Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, reporting that a total of 9,178,520 securities had been repurchased before the previous trading day, with an additional 13,816 shares bought back on the previous day. The ongoing daily buy-back notifications, first initiated in April 2025 and most recently updated on 2 January 2026, indicate the company’s continued use of capital management through share repurchases, which may support earnings per share and signal management’s confidence in the business to investors.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Updates Market on Progress of On-Market Share Buy-Back
Dec 29, 2025

Flight Centre Travel Group Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, reporting that it has repurchased a total of 9,027,845 shares to date, including 50,335 shares bought back on the previous trading day. The continued execution of the buy-back, first notified in April 2025 and now updated with the latest daily activity, underscores the company’s ongoing capital management strategy, which may support earnings per share and signal management’s confidence in the business to investors.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On-Market Buy-Back, Lifts Total to Over 9 Million Shares
Dec 23, 2025

Flight Centre Travel Group Limited has provided an update on its ongoing on-market share buy-back program, confirming that it repurchased a further 23,066 ordinary fully paid shares on 23 December 2025. This brings the total number of shares bought back under the current program to 9,004,779, signalling continued capital management activity that may support earnings per share and reflects management’s confidence in the company’s valuation and long-term outlook.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Continues On-Market Share Buy-Back with Daily Update
Dec 22, 2025

Flight Centre Travel Group Limited has provided a daily update on its on-market share buy-back program for its ordinary fully paid shares (ASX: FLT), confirming that a total of 8,949,576 shares had been repurchased prior to the latest reporting day, with an additional 55,203 shares bought back on the previous day. The ongoing buy-back, first notified in April 2025 and now updated to 23 December 2025, signals the company’s continued capital management efforts, potentially supporting earnings per share and indicating management’s confidence in the company’s valuation, which may be viewed positively by shareholders and the market.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Flight Centre Cancels 223,405 Shares After On‑Market Buy‑Back
Dec 22, 2025

Flight Centre Travel Group Limited has cancelled 223,405 ordinary fully paid shares following an on‑market buy-back completed on 17 December 2025, formalised in an Appendix 3H notification of cessation of securities lodged with the ASX on 22 December 2025. The reduction in shares on issue marginally enhances remaining shareholders’ proportional ownership and reflects the company’s ongoing capital management initiatives aimed at optimising its balance sheet and shareholder returns.

The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 25, 2026