International Consolidat... Share Discussion Threads

[m1k3y1] 21/9/2018 18:06

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 21 September 2018 it purchased 168,188 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.

Number of shares purchased
Trading venue
LSE 43,764
Bolsa de Madrid 124,424

The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 61,057,894 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,996,931,400 shares.

[nedhammers1] 21/9/2018 09:04

Hope so Monty ;-)

[montyhedge] 21/9/2018 08:14

Should be well over 700p, about 10 days left buybacks, then shorting bigtime.

[m1k3y1] 20/9/2018 21:41

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 20 September 2018 it purchased 125,242 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.
Number of shares purchased
Trading venue
LSE 44,554
Bolsa de Madrid 80,688

The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 60,889,706 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,997,099,588 shares.

[m1k3y1] 20/9/2018 18:24

Just info ned

[m1k3y1] 20/9/2018 17:45

Bloomberg
Emirates Seeks Etihad Takeover to Create World’s Largest Airline

[m1k3y1] 20/9/2018 14:59

CH-Aviation
Norwegian adds first B737 MAX 8s to native AOC
hxxps://www.ch-aviation.com/portal/news/70140-norwegian-adds-first-b737-max-8s-to-native-aoc

[m1k3y1] 20/9/2018 14:57

Wow Air’s Plan to IPO Is a Rarity Among Low-Cost Airlines

[montyhedge] 20/9/2018 08:02

I want this at 705p before the end of buybacks then the big short for me.

[nedhammers1] 19/9/2018 21:02

Do you think they are loading up the buybacks towards the end in case of a big fine?

[m1k3y1] 19/9/2018 18:46

IAG RNS
Transaction in Own Shares

International Consolidated Airlines Group, S.A. (the "Company") announces that on 19 September 2018 it purchased 104,129 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.
Number of shares purchased
Trading venue LSE 44,023
Bolsa de Madrid 60,106

The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 60,764,464 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,997,224,830 shares.

[m1k3y1] 19/9/2018 12:22

CAPA
Low cost long haul: Norwegian Air drops world’s longest LCC route
hxxps://centreforaviation.com/analysis/reports/low-cost-long-haul-norwegian-air-drops-worlds-longest-lcc-route-437668

[m1k3y1] 19/9/2018 08:05

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 18 September 2018 it purchased 243,721 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.

Number of shares purchased
Trading venue
LSE 55,900
Bolsa de Madrid 187,821

The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 60,660,335 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,997,328,959 shares.

[nedhammers1] 18/9/2018 16:44

Totally agree M1k and then either a bid for Norwegian or sell their existing stake.... Would not jump the gun quite yet Monty....

[m1k3y1] 18/9/2018 16:23

Thanks elmo.
If your calculations are correct, it would make sense, as they would want the end of buybacks to coincide with the Q3 figures, which hopefully will be positive.

[elmo1971] 18/9/2018 16:17

Apologies - apparently Citigroup has a £9.07 price target on IAG not €9.07
We'll see how this pans out over the next few months.


hxxps://more-bank.com/international-consolidated-airlns-grp-iag-raised-to-buy-at-citigroup/36293/

[elmo1971] 18/9/2018 16:07

thanks m1k3y1
Similar sort of price target to Citigroup then. They were €9.07 which at today's exchange is £8.07
At today's share price we have 13m left to buy and if they buyback at yesterday's rate of 400k per day we have 33 days of buybacks left.
29 trading days until Q3 results

[montyhedge] 18/9/2018 15:15

About 12 days to go buybacks, hopefully back over 700p then the big short for me.

[m1k3y1] 18/9/2018 13:08

Berenberg Starts easyJet with Sell, IAG At Buy - target 815
Morningstar

hxxp://www.morningstar.co.uk/uk/news/AN_1537259916220233600/broker-ratings-summary-berenberg-starts-easyjet-with-sell-iag-at-buy.aspx

[m1k3y1] 17/9/2018 18:39

IAG RNS


Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 17 September 2018 it purchased 405,086 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.

Number of shares purchased
Trading venue
LSE 120,909
Bolsa de Madrid 284,177

The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 60,416,614 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,997,572,680 shares.

[nedhammers1] 16/9/2018 16:30

Hope the name is reflected in the share price, now that would be nice 777.....