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Amedeo Air Four Plus ( (GB:AA4) ) has shared an announcement.
Amedeo Air Four Plus Limited has announced a return of capital to its shareholders through a partial compulsory redemption of shares, amounting to £27.8 million. This decision follows a review of the company’s future cash needs, particularly concerning the A380 aircraft’s value versus outstanding loans. The redemption will result in approximately 43.4 million shares being redeemed, with payment expected in February 2025. This move could potentially impact the company’s capital structure and shareholder value.
More about Amedeo Air Four Plus
Amedeo Air Four Plus Limited is a Guernsey-domiciled company with shares listed on the Specialist Fund Segment of the London Stock Exchange’s Main Market. The company focuses on generating income and capital returns for shareholders by acquiring, leasing, and selling aircraft.
YTD Price Performance: 5.46%
Average Trading Volume: 390,663
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £176M
Learn more about AA4 stock on TipRanks’ Stock Analysis page.
