Ryanair Holdings Plc (RYAAY) announced on Thursday a follow-on buyback initiative amounting to up to 800 million euros, driven by enhanced cash flow resulting from strong traffic growth and delays in Boeing deliveries.With this latest announcement, the total buybacks for the fiscal year 2025 have increased to 1.5 billion euros.The Ireland-based company anticipates completing the current share buyback program, valued at 700 million euros, by the end of August.The company projects a temporary boost in cash flow due to a reduction in aircraft capital expenditures (capex), which provides the ability to enhance shareholder returns.At present, Ryanair’s stock is trading up 2.5 percent at $100.25 on the Nasdaq.The material has been provided by InstaForex Company – www.instaforex.com
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