International Consolidated Airlines ( (GB:IAG) ) just unveiled an announcement.
International Consolidated Airlines Group, S.A. has completed its 350 million euro share buyback program, acquiring over 96 million shares, which accounts for approximately 1.94% of its share capital. This initiative aims to reduce the company’s share capital, pending approval from the General Shareholders’ Meeting, potentially impacting its financial structure and shareholder value.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. (IAG) operates in the airline industry, providing air transportation services. The company focuses on offering passenger and cargo transport across various international markets.
YTD Price Performance: 16.69%
Average Trading Volume: 23,297,917
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.93B
For detailed information about IAG stock, go to TipRanks’ Stock Analysis page.