Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings PLC has announced the purchase and subsequent cancellation of 724,800 of its ordinary shares and 500,000 shares underlying the American Depositary Shares as part of its ongoing share buy-back program initiated on 21 May 2024. The shares were bought back at varying prices, with the ordinary shares’ volume weighted average price at €13.66 and the American Depositary Shares’ equivalent at US$19.07. This buy-back is in line with the company’s previously disclosed strategy to return value to shareholders.
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