International Consolidated Airlines ( (GB:IAG) ) has shared an announcement.
International Consolidated Airlines Group announced a purchase of 2,460,472 ordinary shares, which will be held as treasury shares, as part of its share repurchase program. This move, executed through Goldman Sachs Bank Europe SE, is part of a strategy to manage the company’s capital structure, potentially impacting shareholder value and market perception.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. is a major player in the airline industry, primarily offering passenger and cargo air transportation services. The company operates a number of well-known airline brands and focuses on serving a global market, providing extensive international and domestic flight options.
YTD Price Performance: -2.68%
Average Trading Volume: 25,540,108
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £14.06B
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