International Consolidated Airlines ( (GB:IAG) ) has provided an update.
International Consolidated Airlines Group announced the purchase of 2,421,675 ordinary shares, which will be held as treasury shares, as part of a share repurchase program. This move is expected to impact the company’s capital structure and could influence shareholder value by potentially increasing earnings per share.
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 focuses on connecting various global destinations and is a major player in the European and international aviation markets.
YTD Price Performance: 5.47%
Average Trading Volume: 23,971,567
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.29B
Learn more about IAG stock on TipRanks’ Stock Analysis page.
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