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International Consolidated Airlines ( (GB:IAG) ) has shared an announcement.
International Consolidated Airlines Group announced the purchase of 1,283,907 of its own shares to be held as treasury shares, as part of a share repurchase program initiated in November 2024. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value by adjusting the share capital in circulation, reflecting its confidence in the business’s future performance.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. (IAG) operates in the aviation industry, focusing on providing airline services. The company is known for managing and operating major airline brands, offering passenger and cargo air transportation services across various global markets.
Average Trading Volume: 24,364,066
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £14.66B
See more insights into IAG stock on TipRanks’ Stock Analysis page.
