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International Consolidated Airlines Group SA - London and Madrid based owner of British Airways, Iberia and other carriers - Launches €55.0 million share buyback to acquire shares needed for its share-based incentive plans. The buyback, for up to 9.4 million shares, will be run by Goldman Sachs Bank Europe SE. It begins on Thursday and will be completed by the end of December. The smaller buyback follows the completion on Friday last week of the second half of IAG’s €1.00 billion share buyback. Under that full programme, launched at the end of February, IAG bought back 263.6 million shares, 5.6% of the current total. Those repurchased shares have been or will be cancelled. Current stock price in Madrid: €4.52 12-month change: up 48% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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