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Completion of buy-back programme

24th Oct 2018 16:56

RNS Number : 0944F
International Cons Airlines Group
24 October 2018
 

 

Completion of buy-back programme

 

International Consolidated Airlines Group, S.A. ("IAG") announced a buy-back programme on 9 May 2018 ("Buy-back Programme").

Following the last acquisition on 23 October 2018, the Buy-back Programme has been concluded.

Under the Programme, IAG acquired a total of 65,956,660 ordinary shares, representing approximately 3.2% of its share capital.

In accordance with the objectives of the Buy-back Programme and following the capital reduction resolution adopted by the Annual Shareholders' Meeting held on 14 June 2018, IAG will proceed, in the coming days, to implement the resolution by reducing its share capital by 32,978,330 euros through the cancellation of 65,956,660 treasury shares.

 

 

IAG Shareholder Services

24 October 2018

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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