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International Consolidated Airlines ( (GB:IAG) ) has provided an update.
International Consolidated Airlines Group has purchased 1,284,442 ordinary shares, valued at €0.10 each, as part of its share repurchase program announced in November 2024. The acquisition, made on December 31, 2024, increases the company’s treasury shares to 117,836,928 and is seen as a strategic move to enhance shareholder value and optimize capital structure.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. is a major player in the airline industry, offering international air travel services. The company focuses on providing passenger transportation across various global markets.
Average Trading Volume: 24,364,066
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £14.66B
For an in-depth examination of IAG stock, go to TipRanks’ Stock Analysis page.