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LATAM Airlines Announces Potential Third Secondary Share Sale

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LATAM Airlines Announces Potential Third Secondary Share Sale

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LATAM Airlines Group SA Sponsored ADR ( (LTM) ) just unveiled an announcement.

On August 13, 2025, LATAM Airlines Group S.A. announced a material fact regarding a request from certain shareholders to proceed with a third secondary sale of shares under a registration rights agreement. This sale, subject to market conditions, is expected to occur in the United States and other jurisdictions outside Chile. While the exact date remains uncertain, the company has filed necessary documents with the U.S. Securities and Exchange Commission to comply with regulatory obligations, ensuring cooperation with the selling shareholders.

The most recent analyst rating on (LTM) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines displays robust financial and technical performance, with strong revenue growth and positive market momentum. The stock is fairly valued, though high leverage presents a risk. Continued focus on debt reduction and industry volatility management is crucial for future stability.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. operates in the airline industry, providing air transportation services. The company is a significant player in the Latin American market, offering both passenger and cargo services across various international and domestic routes.

Average Trading Volume: 670,173

Technical Sentiment Signal: Strong Buy

Current Market Cap: $13.04B

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

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