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Corporate Travel Management Limited Updates on Securities Buy-Back

Story Highlights
  • Corporate Travel Management provides travel solutions to corporate and individual clients.
  • The company announced a buy-back of 4,401,917 securities as part of capital management.
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Corporate Travel Management Limited Updates on Securities Buy-Back

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Corporate Travel Management Limited ( (AU:CTD) ) has issued an update.

Corporate Travel Management Limited announced an update regarding its ongoing buy-back program of ordinary fully paid securities. As of February 20, 2025, the company reported a cumulative buy-back of 4,401,917 securities, with an additional 3,507 securities bought back on the previous day. This buy-back activity is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Corporate Travel Management Limited

Corporate Travel Management Limited operates in the travel industry, providing comprehensive travel management services. The company focuses on delivering travel solutions to both corporate clients and individuals, enhancing travel experiences through efficient and cost-effective services.

YTD Price Performance: 15.34%

Average Trading Volume: 203

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.39B

Learn more about CTD stock on TipRanks’ Stock Analysis page.

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