The latest update is out from International Consolidated Airlines ( (GB:IAG) ).
International Consolidated Airlines Group announced the purchase of 2,541,477 ordinary shares, which will be held as treasury shares. This transaction is part of a share repurchase program initiated in February 2025, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about International Consolidated Airlines
International Consolidated Airlines Group, S.A. operates in the airline industry, providing passenger and cargo air transportation services. The company focuses on serving various international markets, leveraging a diverse fleet and multiple airline brands to cater to a wide range of customer needs.
YTD Price Performance: -7.49%
Average Trading Volume: 26,582,091
Technical Sentiment Signal: Sell
Current Market Cap: £13.38B
For detailed information about IAG stock, go to TipRanks’ Stock Analysis page.