Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings PLC has announced the cancellation of 197,800 of its own ordinary shares, alongside 250,000 shares underlying the American Depositary Shares, as part of their existing share buy-back programme initiated on 21 May 2024. The shares were purchased at volume-weighted average prices of €16.48 and US$23.32 respectively. This move is part of a larger strategy to enhance shareholder value, with all purchased shares slated for cancellation.
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