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International Consolidated Airlines ( (GB:IAG) ) has shared an update.
International Consolidated Airlines Group announced the purchase of 1,297,156 ordinary shares as part of its share repurchase program initiated in November 2024. These shares will be held as treasury shares, increasing the company’s total treasury holding to 114,011,219 shares. The transaction aims to optimize the company’s capital structure, potentially impacting shareholder value and market perception.
More about International Consolidated Airlines
International Consolidated Airlines Group (IAG) operates within the airline industry, providing passenger and cargo air transportation services. The company focuses on serving a diverse range of international markets, leveraging a portfolio of well-known airline brands.
YTD Price Performance: 96.67%
Average Trading Volume: 25,583,673
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £14.65B
See more insights into IAG stock on TipRanks’ Stock Analysis page.
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