Cathay Pacific Completes Off-Market Share Buy-Back From Qatar Airways

Cathay Pacific Airways ( (HK:0293) ) has issued an announcement.

Cathay Pacific Airways has completed an off-market share buy-back from Qatar Airways, with the transaction closing on 24 February 2026 and the repurchased shares to be held as treasury stock. The move removes Qatar Airways as a shareholder and reduces the company’s total number of shares in issue, increasing the ownership percentages of major investors Swire Pacific, Air China and other independent shareholders, and subtly reshaping the airline’s ownership structure and governance dynamics.

Following the buy-back, the total share count fell from about 6.72 billion to 6.08 billion shares, while Swire Pacific’s stake rose from 43.08% to 47.64% and Air China’s from 27.10% to 29.97%. This consolidation of control among long-standing strategic shareholders may strengthen alignment on Cathay Pacific’s long-term strategy and capital structure, with potential implications for future corporate actions and the balance of influence among key investors.

The most recent analyst rating on (HK:0293) stock is a Buy with a HK$14.00 price target. To see the full list of analyst forecasts on Cathay Pacific Airways stock, see the HK:0293 Stock Forecast page.

More about Cathay Pacific Airways

Cathay Pacific Airways is a Hong Kong-based international airline operating passenger and cargo services. Listed on the Hong Kong Stock Exchange, it has a strategic shareholder base including Swire Pacific and Air China, positioning it as a key carrier in the Asia-Pacific aviation market.

Average Trading Volume: 7,908,750

Technical Sentiment Signal: Buy

Current Market Cap: HK$86.81B

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