Brief: Flight Centre Travel Announces Open Market Repurchase Of 2.50% Convertible Notes Due 2027
10/10/2023 02:47
Oct 10 (Reuters) - Flight Centre Travel Group Ltd
FLT.AX :
* OPEN MARKET REPURCHASE OF 2.50% CONVERTIBLE NOTES DUE 2027
* TO REPURCHASE CONVERTIBLE NOTES WITH A TOTAL FACE VALUE OF
$AU25.2MILLION
* NOTES HAVE BEEN REPURCHASED ON OPEN MARKET AND ARE PART OF
$AU400MILLION 2.5% CONVERTIBLE NOTES DUE 2027
* 50-60% OF FLT'S NET PROFIT AFTER TAX WILL BE ALLOCATED TO
DIVIDENDS OR BUY- BACKS FROM 2024 FISCAL YEAR
Source text for Eikon: ID:nASX7st0Zw
Further company coverage: FLT.AX
((Reuters.Briefs@thomsonreuters.com;))
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