IAG completes €500m share buyback programme

International Consolidated Airlines Group (IAG) concluded its €500 million share buyback program on Wednesday, the company announced. Announced on May 15, 2026, the program acquired 97,747,488 ordinary shares, representing around 2.12% of IAG's issued share capital. This buyback is part of IAG's broader €1,500 million plan to return excess cash to shareholders.

Combining this program with the initial €500 million share buyback completed on May 14, 2026, IAG has now carried out €1,000 million of share repurchases. The purchases adhered to the Market Abuse Regulation (EU) 596/2014 and Commission Delegated Regulation (EU) 2016/1052, alongside the UK Listing Rules, as per the press release.

The acquired shares remain in treasury, awaiting cancellation, after approval at IAG's Annual General Meeting on June 18, 2026. This move aims to reduce IAG's share capital. José Antonio Barrionuevo, Chief Financial Officer, confirmed the buyback's completion. This report was AI-generated with editorial review. For further details, refer to the company's Terms and Conditions.