Ryanair plans €800m share buyback over 6-9 months due to strong cash position and delayed Boeing deliveries.

Ryanair plans to buy back up to €800m of its shares over the next six to nine months due to a stronger-than-expected cash position, partly due to delayed Boeing aircraft deliveries and strong traffic growth. This decision comes after Ryanair announced a €700m share buyback in May. The Irish airline aims to seek shareholder approvals at its AGM in September to increase its annual buyback authority from 10% to up to 15% of its issued share capital.

August 08, 2024
14 Articles

Further Reading