Corporate Travel Management Ltd. Announces Buy-Back Update

Corporate Travel Management Ltd. (ASX: CTD), a company operating in the Consumer Discretionary sector, specializing in corporate travel management services, has issued an update on its buy-back program. The company, which operates on a fee-for-service model, provides business travel advice, bookings, ticketing, and ancillary services. It also offers travel data diagnostics and recommendations to help clients manage their corporate travel effectively.

On June 10, 2025, Corporate Travel Management Ltd. announced a daily buy-back notification. The company has bought back a total of 6,695,324 securities before the previous day and an additional 45,000 securities on the previous day. This update is part of an ongoing buy-back program initially notified on October 25, 2023. The company’s ASX Security code is CTD, and the class of securities involved in the buy-back is ORDINARY FULLY PAID.

Market Performance and Financials

As of June 9, 2025, Corporate Travel Management Ltd.’s close price was AUD 13.95. The company’s 52-week high was AUD 17.87 on February 20, 2025, and its 52-week low was AUD 10.80 on August 20, 2024. The market capitalization stands at AUD 2,030,000,000, with a price-to-earnings ratio of 31.57.

Short Interest and Market Activity

In related market news, Corporate Travel Management Ltd. was listed among the most heavily shorted stocks on the ASX for Week 24 of 2025. The company was ranked 10th with a short interest of 10.52%. This ranking reflects significant changes in short interest over the past week, with a week-on-week increase of 0.68% and a month-on-month increase of 1.09%.

Conclusion

Corporate Travel Management Ltd. continues to engage in strategic buy-backs to potentially enhance shareholder value. The company remains a key player in the Consumer Discretionary sector, focusing on providing comprehensive corporate travel management solutions. For more detailed information on their services and offerings, interested parties can visit their website at www.travelctm.com .