News Insights
In recent developments, International Consolidated Airlines Group (IAG) has actively engaged in a share repurchase program, which began on November 8, 2024. Over the past week, the company has purchased a total of 5,091,327 ordinary shares, with the latest purchases reported on February 13, 2025. Following these transactions, IAG holds a total of 152,587,538 treasury shares, while the issued share capital of the company now stands at approximately 4,971 million shares. Additionally, on February 13, 2025, IAG's total voting rights were reported to be 4,820,046,365, excluding treasury shares, underscoring efforts to maintain shareholder value and increase earnings per share.
Despite the ongoing share buybacks, financial analysts, including Goldman Sachs, have expressed caution regarding IAG's ability to exceed higher market expectations. Concerns center on the overall investment case for IAG and its subsidiary, British Airways, suggesting that while management is taking steps to return capital to shareholders, significant challenges in achieving substantial future growth remain. This sentiment reflects broader market uncertainty around the airline sector and IAG’s capacity to enhance profitability amidst fluctuating demand scenarios and operational challenges.
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