International Consolidated Airlines Boosts Treasury Shares

International Consolidated Airlines (GB:IAG) has released an update.

International Consolidated Airlines Group has repurchased 1,541,746 of its own shares, holding them as treasury shares as part of its ongoing share repurchase program. This move increases the total treasury shares to 88,643,607, while the company’s issued share capital, excluding treasury shares, stands at over 4.88 billion. This strategic buyback could impact the company’s stock valuation and shareholder influence in the market.

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