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MADRID - International Airlines Group (LSE:IAG) has executed a share capital reduction of €24.4 million through the cancellation of 244,274,863 treasury shares, the company announced Thursday.
The capital reduction follows the completion of two share buyback programs: a €350 million program completed on February 27, 2025, and the first €500 million tranche of a €1 billion buyback program completed on May 29, 2025.
The reduction was approved by IAG shareholders at the Annual Shareholders’ Meeting held on June 19, 2025, and has been formalized through a public deed on capital reduction and bylaws amendment.
Following the capital reduction, IAG’s share capital now amounts to €472.7 million, divided into 4,727,201,147 ordinary shares with a nominal value of €0.10 each. The company still holds 107,530,625 shares in treasury, resulting in 4,619,670,522 outstanding shares.
The company has published the required announcement of the share capital reduction on its corporate website and in the Official Gazette of the Commercial Register. IAG stated it will register the public deed with the Madrid Commercial Register in the coming days and request the exclusion of the cancelled shares.
The announcement was made in a statement signed by Nicholas Cadbury, Chief Financial Officer of International Airlines Group.
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