Web Travel cancels 2.77 million shares: Hold rating covers Web Travel stock
Published on 10/13/2026 at 06:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Web Travel cancelled 2,767,958 shares after its on-market buy-back, according to an October 8, 2026 filing report.
- The company guided to 11-15 percent revenue growth and AUD 80-86 million EBITDA for fiscal 2027.
- Web Travel stock was last at EUR 2.11 at Lang & Schwarz on October 12, 2026, while its ASX range was AUD 2.17 to AUD 5.04.
Web Travel Group cancelled 2.77 million shares, or 2,767,958 ordinary shares, effective September 1, 2026, in a buy-back notification lodged on October 8, 2026. The Globe and Mail, carrying TipRanks content, also listed a Hold rating and an A$3.25 price target for Web Travel stock in the same October 8 report.The Globe and Mail
Three dated company milestones
On May 27, 2026, Web Travel reported fiscal 2026 results with revenue of AUD 394.10 million, according to InvestSMART. Revenue increased 20.00 percent from fiscal 2025, while the company also reported fiscal 2026 net profit of AUD 35.50 million and a 9.00 percent profit margin, based on the same reported period.InvestSMART
On July 28, 2026, Web Travel set fiscal 2027 revenue growth guidance at 11-15 percent and EBITDA guidance at AUD 80-86 million, alongside a planned AUD 90 million share buy-back. StockLight reported the guidance and buy-back details on its WebBeds Group page.
On October 8, 2026, the company formalized the cancellation of 2,767,958 shares. The reduction matters because the same earnings outlook will be spread across a smaller issued share base, although the cancellation itself does not change the operating forecast.
What does the buy-back change?
The operating picture combines growth with a margin signal. Fiscal 2026 revenue reached AUD 394.10 million, up 20.00 percent year over year, while the fiscal 2027 outlook calls for revenue growth of 11-15 percent and EBITDA of AUD 80-86 million.
The share cancellation is smaller than the AUD 90 million repurchase program announced in July, but it gives investors a concrete measure of the capital action: 2,767,958 shares left quotation. The October 8 report also cited a Hold rating with an A$3.25 target, providing a cautious valuation counterweight to the growth guidance.The Globe and Mail
Upcoming reporting date
Web Travel is scheduled to report interim results on November 24, 2026, followed by annual results on May 26, 2027, according to InvestSMART. Those dates will provide the next formal checkpoints for the 11-15 percent revenue outlook and AUD 80-86 million EBITDA guidance.
Stock remains below its yearly high
Web Travel stock was last at EUR 2.11 at Lang & Schwarz on October 12, 2026 at 11:00 p.m. CEST. On the ASX, the stock's 52-week range was AUD 2.17 to AUD 5.04, and market capitalization was AUD 1.2 billion as of October 13, 2026. The further course of trading is shown by the continuously updated real-time quote of Web Travel stock.
Web Travel stock facts
- Company: WebBeds Group Limited, formerly Web Travel Group Limited
- ISIN: AU000000WEB7
- WKN: 911549
- Ticker: WEB
- Primary exchange: ASX
- Last price at Lang & Schwarz: EUR 2.11 on October 12, 2026 at 11:00 p.m. CEST
- Market capitalization: AUD 1.2 billion as of October 13, 2026
- 52-week range: AUD 2.17-AUD 5.04 as of October 13, 2026
- Sector / Industry: Consumer Cyclical / Travel Services
- Next earnings date: November 24, 2026
Market context: Market report S&P/ASX 200.
