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IAG Expands Treasury Shares with Latest Buyback

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IAG Expands Treasury Shares with Latest Buyback

International Consolidated Airlines ( (GB:IAG) ) has provided an update.

International Consolidated Airlines Group announced the purchase of 1,261,439 ordinary shares to be held as treasury shares, as part of a share repurchase program initiated in November 2024. This move increases the company’s treasury shares to 162,435,905, potentially impacting shareholder calculations and market positioning by reducing the number of shares available in the market.

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 flights across various international destinations, positioning itself as a leading player in the global aviation market.

YTD Price Performance: 8.08%

Average Trading Volume: 24,214,286

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £15.7B

For a thorough assessment of IAG stock, go to TipRanks’ Stock Analysis page.

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