Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings has announced the purchase and cancellation of 48,440 ordinary shares and 133,580 ordinary shares underlying American Depositary Shares as part of its ongoing share buy-back program. The average price per ordinary share was €17.4316, while shares underlying the American Depositary Shares were bought at an average price of US$22.4420. This move is part of Ryanair’s strategy to enhance shareholder value by reducing the number of shares on the market.
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