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An announcement from International Consolidated Airlines ( (GB:IAG) ) is now available.
International Consolidated Airlines Group announced the purchase of over 1.1 million ordinary shares as part of its ongoing share repurchase program, initially announced in November 2024. This strategic move increases the number of treasury shares held by the company to approximately 145.9 million, potentially affecting shareholder calculations for notifications to the Spanish National Securities Market Commission. This transaction underscores the company’s efforts to manage its capital structure and enhance shareholder value.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. operates in the airline industry, providing passenger and cargo air transportation services. The company is a major player in the European market, with a diverse portfolio of airline brands.
YTD Price Performance: 14.97%
Average Trading Volume: 25,934,150
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.44B
For an in-depth examination of IAG stock, go to TipRanks’ Stock Analysis page.
