Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings has announced the buyback and cancellation of over 200,000 of its shares, including both ordinary shares and those underlying American Depositary Shares, as part of its ongoing share buy-back program. The shares were bought at an average price of €17.6796 per ordinary share and US$22.1856 per share underlying the American Depositary Shares. This move reflects Ryanair’s strategic efforts to optimize its capital structure and enhance shareholder value.
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