tiprankstipranks

Flight Centre Director Increases Stake with Significant Share Acquisition

Story Highlights
Flight Centre Director Increases Stake with Significant Share Acquisition

An announcement from Flight Centre Travel Group Limited ( (AU:FLT) ) is now available.

Flight Centre Travel Group Limited has announced a change in the indirect interest of its director, Graham Turner. Through an on-market trade, Turner acquired 356,264 ordinary shares at an average price of $14.0359 per share, totaling a consideration of $5,000,472.53. This acquisition reflects a strategic move to increase his stake in the company, potentially signaling confidence in the company’s future performance and stability, which may impact stakeholder perceptions positively.

More about Flight Centre Travel Group Limited

Flight Centre Travel Group Limited operates in the travel industry, offering a range of travel services and products. The company focuses on providing travel solutions for both leisure and corporate clients, positioning itself as a leading travel agency with a global presence.

YTD Price Performance: -14.92%

Average Trading Volume: 923

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.94B

Find detailed analytics on FLT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App