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LATAM Airlines Approves New Share Repurchase Program

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LATAM Airlines Approves New Share Repurchase Program

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The latest announcement is out from LATAM Airlines Group SA Sponsored ADR ( (LTM) ).

On June 26, 2025, LATAM Airlines Group S.A. held an Extraordinary Shareholders’ Meeting where a new share repurchase program was approved. This program allows the company to repurchase up to 3.4% of its outstanding shares, equivalent to 20,550,887,837 shares, over an 18-month period. The initiative aims to return capital to shareholders and invest in the company’s own shares. The Board of Directors has been granted the authority to determine the pricing for these acquisitions and can make adjustments as necessary. Additionally, the Board can purchase up to 1% of the company’s share capital directly in the market within any 12-month period.

The most recent analyst rating on (LTM) stock is a Buy with a $38.00 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’ strong financial performance, marked by robust profit margins and cash flow, is a major strength, countered by high debt reliance. Technical indicators show bullish trends but caution due to overbought signals. The valuation is reasonable, adding stability to the stock’s appeal.

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 across Latin America. The company focuses on both passenger and cargo transportation, serving a wide range of destinations in the region.

Average Trading Volume: 717,356

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.87B

Find detailed analytics on LTM stock on TipRanks’ Stock Analysis page.

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