tiprankstipranks
International Consolidated Airlines Group Bolsters Treasury Shares with Latest Buyback
Company Announcements

International Consolidated Airlines Group Bolsters Treasury Shares with Latest Buyback

Story Highlights

Discover the Best Stocks and Maximize Your Portfolio:

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

International Consolidated Airlines Group announced the repurchase of over 1.2 million of its ordinary shares as part of a previously declared buyback program. This move increases its treasury shares to approximately 153.8 million, affecting the company’s share capital structure and potentially impacting shareholder interests.

More about International Consolidated Airlines

International Consolidated Airlines Group, S.A. is a major player in the airline industry, providing passenger and cargo air transport services. The company focuses on international and domestic flights, operating a fleet that connects various global destinations.

YTD Price Performance: 12.12%

Average Trading Volume: 24,766,930

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £16.31B

Learn more about IAG stock on TipRanks’ Stock Analysis page.

Related Articles
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