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The latest announcement is out from LATAM Airlines Group SA Sponsored ADR ( (LTM) ).
On April 30, 2025, LATAM Airlines Group S.A. announced the successful completion of its share repurchase program, which was approved at the Extraordinary Shareholders’ Meeting on March 17, 2025. The program involved a pro rata mechanism registered on March 28, 2025, for purchasing up to 9,671,006,041 shares at CLP$15.02 per share. The offer, effective from April 1 to April 30, 2025, received orders for 24,432,443,247 shares, representing 252.63% of the maximum amount, indicating strong investor interest. The company will proceed with acquiring the shares at the set price, with the pro rata ratio to be announced on May 2, 2025.
Spark’s Take on LTM Stock
According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.
LATAM Airlines demonstrates a robust recovery with strong revenue, profit growth, and optimistic future guidance. While financial performance is strong, high leverage poses risks. Technical indicators support a positive trend, and valuation metrics suggest the stock is undervalued. The positive sentiment from the earnings call further strengthens the outlook.
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 passenger and cargo air transportation services. The company is headquartered in Santiago, Chile, and is a prominent player in the Latin American aviation market.
YTD Price Performance: 16.46%
Average Trading Volume: 417,595
Technical Sentiment Signal: Strong Sell
Current Market Cap: $9.53B
See more data about LTM stock on TipRanks’ Stock Analysis page.