International Airlines Group Expands Treasury Shares through Repurchase

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International Consolidated Airlines ( (GB:IAG) ) just unveiled an update.

International Consolidated Airlines Group announced the purchase of 1,399,118 ordinary shares as part of its share repurchase program. This action increases the company’s treasury shares to 100,809,118, affecting the total issued share capital and potentially impacting shareholder reporting to regulatory bodies.

More about International Consolidated Airlines

International Consolidated Airlines Group, S.A. (IAG) operates in the airline industry and provides passenger and cargo air transportation services. The company is known for its multi-brand strategy, owning and operating several airlines including British Airways and Iberia, and focuses on serving aglobal marketwith a strong presence in Europe and the Americas.

YTD Price Performance: 83.37%

Average Trading Volume: 27,040,629

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £13.7B

See more data about IAG stock on TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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