Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings PLC has announced the buy-back and subsequent cancellation of 118,858 of its own ordinary shares and 217,830 Ordinary Shares underlying American Depositary Shares at varying prices, as part of its existing share buy-back programme initiated on 27 August 2024. The share repurchases were executed at prices ranging from €15.80 to €15.94 for the ordinary shares and from US$22.35 to US$22.56 for the shares underlying American Depositary Shares. This move is part of the company’s strategy to reduce the number of shares in circulation, potentially increasing the value of remaining shares.
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