<WIRE> Flight Centre Travel (ASX:FLT) Announces Open Market Repurchase of 2.50% Convertible Notes Due 2027

Tuesday, 10 October 2023

Flight Centre Travel (ASX:FLT) has announced its intention to repurchase convertible notes with a total face value of AU$25.2 million on the open market.

These notes are a portion of AU$400 million 2.5% convertible notes that are due in 2027.

Flight Centre Travel has committed to allocating between 50 to 60% of the company’s net profit after tax to dividends or buy-backs from the 2024 fiscal year.

Flight Centre Travel is a leading provider of travel retailing and wholesaling.

Supported by

<SPON> Trade share CFDs with Plus500

Apr 4, 2022

Global online trading services company, Plus500:

Plus500 trading platform allows you to trade shares from all popular markets such as USA, UK, Germany and more, with leverage and low spreads. Using our advanced trading tools, you can also control your profits and losses.

Plus500AU Pty Ltd, AFSL #417727 issued by Australian Securities and Investments Commission. Based in Sydney.

LINK

Subscribe to the newsletter

Receive whispers every day in your inbox.