tiprankstipranks
International Consolidated Airlines Executes Share Buyback
Company Announcements

International Consolidated Airlines Executes Share Buyback

Story Highlights

Don't Miss Our New Year's Offers:

International Consolidated Airlines ( (GB:IAG) ) just unveiled an announcement.

International Consolidated Airlines Group, S.A. announced the purchase of 1,289,500 ordinary shares on December 27, 2024, as part of its share repurchase program initiated in November. The shares, bought on the London and Madrid stock exchanges, will be held as treasury shares, increasing the company’s treasury stock and potentially impacting shareholder interests and market perceptions.

More about International Consolidated Airlines

International Consolidated Airlines Group, S.A. operates in the airline industry, providing air travel services across international markets. The company focuses on passenger and cargo transportation, holding a significant position in the global aviation market.

YTD Price Performance: 97.07%

Average Trading Volume: 25,549,421

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £14.67B

For an in-depth examination of IAG stock, go to TipRanks’ Stock Analysis page.

Related Articles
Kirti TakWhat Lies Ahead for IAG Shares After a Stellar 2024?
TipRanks UK Auto-Generated NewsdeskInternational Airlines Group Expands Treasury Shares in Strategic Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App