HSBC Holdings Increases Stake in Ryanair

Ryanair Holdings (RYAAY) has released an update.

Ryanair Holdings PLC has reported a major holding notification, with HSBC Holdings plc crossing the 11% threshold of voting rights on September 27, 2024. This change in stake was notified to Ryanair and the Central Bank of Ireland on October 2, 2024. The disclosure indicates a strategic move by HSBC, potentially signaling confidence in the airline’s financial future.

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