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Avation ( (GB:AVAP) ) has provided an announcement.
Avation PLC has completed a significant share buyback, repurchasing 7,800,000 shares at 150p each, representing 10.45% of its total ordinary shares. This move, aimed at enhancing shareholder value, reflects Avation’s confidence in its share value given the strong aircraft market conditions, and is part of its broader strategy to manage capital structure and pursue growth in its aircraft portfolio.
More about Avation
Avation PLC is an aircraft leasing company headquartered in Singapore, managing a fleet of commercial passenger aircraft leased to airlines globally.
YTD Price Performance: 24.77%
Average Trading Volume: 452,188
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £118M
For detailed information about AVAP stock, go to TipRanks’ Stock Analysis page.
