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International Consolidated Airlines ( (GB:IAG) ) has provided an announcement.
International Consolidated Airlines Group announced the purchase of 1,188,589 ordinary shares to be held as treasury shares, as part of its ongoing share repurchase program initiated in November 2024. This transaction impacts the company’s share capital structure, with the total issued shares now standing at 4,971,476,010, which shareholders can use to calculate their reporting requirements to the CNMV, indicating a strategic move to manage equity and potentially enhance shareholder value.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. operates in the aviation industry, focusing on airline services. The company is engaged in providing air transportation services and operates various airline brands, aiming to serve a broad market that includes both passenger and cargo transportation.
YTD Price Performance: 15.10%
Average Trading Volume: 24,377,031
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £17.05B
Learn more about IAG stock on TipRanks’ Stock Analysis page.
