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Webjet Limited ( (AU:WEB) ) has provided an update.
Web Travel Group Limited announced the cessation of 8,542,703 ordinary fully paid securities due to an on-market buy-back effective from January 8, 2025. This move may have implications for the company’s capital structure and could impact shareholder value, reflecting a strategic decision to manage its equity position.
More about Webjet Limited
Web Travel Group Limited operates in the travel industry, providing various travel-related services and products. The company’s primary focus is on facilitating travel bookings and services, catering to both individual and corporate clients.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.23B
See more insights into WEB stock on TipRanks’ Stock Analysis page.
