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Ryanair Holdings ( (RYAAY) ) has provided an announcement.
Ryanair Holdings plc announced the purchase and cancellation of 71,471 ordinary shares and 133,726 ordinary shares underlying American Depositary Shares as part of its ongoing share buy-back program. This move aims to enhance shareholder value by reducing the number of shares available in the market, potentially improving earnings per share and signaling confidence in the company’s future prospects.
More about Ryanair Holdings
Ryanair Holdings plc is a leading airline company in Europe, known for its low-cost business model. The company primarily offers budget air travel services across numerous European destinations, focusing on providing affordable flight options to a broad customer base.
YTD Price Performance: -14.83%
Average Trading Volume: 1,403,659
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.97B
For an in-depth examination of RYAAY stock, go to TipRanks’ Stock Analysis page.
