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Ryanair Buys Back Shares to Boost Value

Ryanair Buys Back Shares to Boost Value

Ryanair Holdings (RYAAY) has released an update.

Ryanair Holdings has repurchased and canceled 88,000 ordinary shares and 131,748 shares underlying its American Depositary Shares as part of its ongoing share buy-back program. The shares were bought at an average price of €17.4832 and $22.4519, respectively, signaling a strategic move to enhance shareholder value. This transaction is part of Ryanair’s broader financial strategy, following an announcement in August 2024.

For further insights into RYAAY stock, check out TipRanks’ Stock Analysis page.

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