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Avation PLC Repurchases Shares at Discount

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Avation PLC Repurchases Shares at Discount

Avation ( (GB:AVAP) ) just unveiled an announcement.

Avation PLC announced the repurchase of 300,000 ordinary shares at 138 pence per share, a significant discount compared to the company’s net asset value per share as of December 2024. This transaction reduces the total number of voting rights to 66,571,886, impacting shareholder calculations under FCA’s rules.

More about Avation

Avation PLC is an aircraft leasing company headquartered in Singapore. It owns and manages a fleet of commercial passenger aircraft which it leases to commercial airlines worldwide.

YTD Price Performance: -8.88%

Average Trading Volume: 516,260

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £92.62M

For an in-depth examination of AVAP stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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