LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has shared an announcement.
On March 17, 2025, LATAM Airlines Group S.A. announced the approval of a Share Repurchase Program during an Extraordinary Shareholders’ Meeting. The program allows for the acquisition of up to 1.6% of the company’s outstanding shares over an 18-month period, aiming to distribute proceeds to shareholders and invest in company shares. The Board of Directors has been granted authority to set and modify purchase prices and execute acquisitions on stock exchanges, with additional provisions for direct market purchases.
More about LATAM Airlines Group SA Sponsored ADR
LATAM Airlines Group S.A. operates in the airline industry, providing passenger and cargo air transportation services across Latin America and internationally. The company is headquartered in Santiago, Chile, and is a significant player in the regional market.
YTD Price Performance: 16.64%
Average Trading Volume: 317,332
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $9.62B
See more insights into LTM stock on TipRanks’ Stock Analysis page.