IAG purchases ordinary shares

Source: Flightglobal.com
This story is sourced from Flightglobal.com

International Consolidated Airlines Group (IAG) has purchased 600,000 ordinary shares with a nominal value of €0.5 ($0.65) each in the capital of the company.

The lowest price paid was €2.95 per share and the highest €3 per share, says the company in a statement.

All of the shares purchased will be held as treasury shares in order to satisfy awards under the IAG share plans.

Following the purchase, IAG holds 600,000 treasury shares, and the company's issued share capital (excluding shares held as treasury shares) consists of 1,854,769,557 shares.