Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings PLC has announced a follow-on share buyback program of up to €800 million due to improved cashflows from strong traffic growth and Boeing delivery delays. The buyback, which follows a current €700 million program expected to complete by end of August, will bring total buybacks to approximately €1.5 billion for FY25. Additionally, the company is seeking shareholder approval to increase the annual buyback limit from 10% to 15% of issued share capital.
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