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An update from Ryanair Holdings ( (RYAAY) ) is now available.
Ryanair Holdings plc announced the purchase and cancellation of 62,717 ordinary shares and 113,376 shares underlying American Depositary Shares on December 12, 2024, as part of its ongoing share buy-back program. This strategic move, in line with the company’s previously announced plans, aims to reduce the total number of shares in circulation, potentially enhancing shareholder value by increasing the earnings per remaining share and optimizing capital structure.
More about Ryanair Holdings
Ryanair Holdings plc is a prominent player in the airline industry, primarily offering low-cost air travel services across Europe. The company focuses on providing affordable and efficient flights to a wide market, targeting budget-conscious travelers.
YTD Price Performance: -13.17%
Average Trading Volume: 1,479,017
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $22.59B
For a thorough assessment of RYAAY stock, go to TipRanks’ Stock Analysis page.
