Notification of buy-back - FLT
| Stock | Flight Centre Travel Group Ltd (FLT.ASX) |
|---|---|
| Release Time | 28 Apr 2025, 8:30 a.m. |
| Price Sensitive | Yes |
Flight Centre Travel Group Announces On-Market Buy-Back
- Flight Centre Travel Group to buy back up to $200 million in fully paid ordinary shares
- Buy-back period from 12 May 2025 to 28 April 2026
- Shares will be bought back on-market when considered beneficial for efficient capital management
Flight Centre Travel Group Ltd has announced an on-market buy-back of its fully paid ordinary shares up to a total value of approximately $200 million. The buy-back period will commence on 12 May 2025 and is expected to conclude on 28 April 2026. The company will only buy back shares at such time and in such circumstances as are considered beneficial to its efficient capital management, and reserves the right to suspend or terminate the buy-back at any time. The buy-back will be conducted through UBS Securities Australia Limited, who will offer to buy back the shares on the entity's behalf. The company has not specified a minimum or maximum number of shares to be bought back, and the price to be paid for the shares will be determined by market conditions at the time of purchase.