The latest update is out from International Consolidated Airlines ( (GB:IAG) ).
International Consolidated Airlines Group (IAG) has announced a final dividend of €0.06 per share for 2024, bringing the total dividend for the year to €0.09 per share, amounting to €435 million. Additionally, IAG has launched a €1,000 million share buyback programme to be executed over the next 12 months, reflecting confidence in its business strategy and financial health. The company has achieved significant financial milestones, including reducing its net leverage to 1.1x and completing a liability management exercise to decrease gross debt. These actions underscore IAG’s commitment to sustainable shareholder returns and financial strength.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. (IAG) operates in the airline industry, providing air transportation services. The company focuses on delivering sustainable shareholder returns and maintaining a strong financial position through strategic capital allocation and investment in fleet and customer propositions.
YTD Price Performance: 8.38%
Average Trading Volume: 23,888,185
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.74B
For an in-depth examination of IAG stock, go to TipRanks’ Stock Analysis page.