International Consolidated Airlines (GB:IAG) has released an update.
International Consolidated Airlines Group (IAG) has successfully concluded its share purchase program, acquiring 27,064,575 shares to potentially fulfill part of the payment for the acquisition of Air Europa. The shares represent roughly 0.5% of IAG’s share capital and may also serve to grant share awards to employees if the acquisition does not proceed. The completion of this program is an important step in IAG’s strategic expansion and incentive planning.
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