Ryanair Holdings (RYAAY) has released an update.
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Ryanair Holdings has repurchased and cancelled a total of 48,483 ordinary shares and 109,566 shares underlying American Depositary Shares as part of its ongoing share buy-back programme. The buyback aims to enhance shareholder value and is in line with the company’s strategy announced earlier in August 2024. This move indicates Ryanair’s commitment to returning capital to its investors, potentially signaling confidence in its financial outlook.
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