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Ryanair Holdings ( (RYAAY) ) has issued an update.
Ryanair Holdings announced the repurchase of 38,672 ordinary shares and 114,000 shares underlying American Depositary Shares for cancellation, as part of its ongoing share buy-back program initiated in August 2024. This move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Ryanair Holdings
Ryanair Holdings is a leading airline company operating in the low-cost carrier industry, primarily offering affordable air travel services across Europe. The company focuses on providing budget-friendly flights to a wide range of destinations, maintaining a significant market presence in the European aviation sector.
YTD Price Performance: -13.43%
Average Trading Volume: 1,448,641
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.15B
For a thorough assessment of RYAAY stock, go to TipRanks’ Stock Analysis page.