Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings has announced the buyback and cancellation of 35,000 ordinary shares and 133,360 shares underlying American Depositary Shares as part of its ongoing share buyback programme. This strategic move is aimed at reducing the number of shares outstanding, potentially increasing shareholder value. Investors might find this as an indicator of Ryanair’s confidence in its financial health.
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