Flight Centre continues share buy-back as JPMorgan exits substantial holding

Flight Centre Travel Group Limited (FLT) announced a series of daily buy-back notifications, accumulating a total of 8,912,856 ordinary fully paid securities bought back before December 19, 2025. On December 19, 2025, an additional 36,720 securities were bought back for a total consideration of AUD 556,667.27, with the highest price paid at AUD 15.20 and the lowest at AUD 15.10. The buy-back program, initiated on April 28, 2025, is set to continue until April 28, 2026, with an intention to buy back shares up to approximately $200 million in value.

Concurrently, JPMorgan Chase & Co. and its affiliates ceased to be a substantial holder as of December 16, 2025. Their previous notice, given on December 12, 2025, indicated substantial holdings. The changes in their relevant interests included numerous buy and sell transactions, as well as securities lending agreements with various borrowers. These agreements typically involved conditions on voting rights and recall options, standard across such lending arrangements.