Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings has announced the repurchase and cancellation of 65,380 ordinary shares and 134,000 American Depositary Shares as part of its ongoing share buy-back program. This move, which aims to reduce the number of shares outstanding, could potentially enhance shareholder value by increasing the earnings per share. Investors interested in Ryanair’s stock performance may see this as a positive signal of the company’s financial health and commitment to rewarding shareholders.
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