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LATAM Airlines Completes Oversubscribed Share Repurchase Program

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LATAM Airlines Completes Oversubscribed Share Repurchase Program

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

LATAM Airlines Group S.A. successfully completed a share repurchase program through a pro rata mechanism on the Santiago Stock Exchange. The program, which was approved at an Extraordinary Shareholders’ Meeting on June 26, 2025, allowed the company to acquire 20,550,887,837 shares, representing 3.4% of its outstanding shares, at a price of CLP$20.6 per share. The offering was oversubscribed, with acceptance orders for 62,260,449,934 shares, indicating strong investor interest. This strategic move is likely to impact the company’s market positioning by consolidating its share capital.

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 recovery and operational efficiency significantly contribute to its score. Positive technical indicators add to the stock’s appeal, though overbought conditions may pose short-term risks. The stock’s reasonable valuation further supports its investment potential.

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 South America and internationally. The company focuses on passenger and cargo services, positioning itself as a leading carrier in the Latin American market.

Average Trading Volume: 726,481

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.68B

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

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