Ryanair Holdings PLC 6-K Report: Share Buyback Insights from February 2025
Key Information Extracted from the Financial Report (6-K) of Ryanair Holdings PLC
General Overview
- Document Type: 6-K
- Company: Ryanair Holdings PLC
- Date of Report: February 24, 2025
- Period Covered: Transactions from February 17, 2025, to February 21, 2025.
Share Buyback Details
- Total Shares Purchased:
- 43,883 ordinary shares of nominal value €0.006 each.
- 1,568,600 Ordinary Shares underlying the American Depositary Shares (ADS).
- Total Ordinary Shares for Cancellation: 1,612,483 shares (43,883 + 1,568,600).
Transactions Breakdown
| Date | Number of Ordinary Shares Purchased | Volume Weighted Average Price (Ordinary Shares) | Number of Ordinary Shares (ADS) | Volume Weighted Average Price (ADS) |
|------------------|------------------------------------|--------------------------------------------------|----------------------------------|--------------------------------------|
| February 17, 2025| 5,000 | €20.4360 | 430,000 | US $22.9232 |
| February 18, 2025| 8,883 | €20.5555 | 430,000 | US $22.3699 |
| February 19, 2025| 10,000 | €19.9600 | 430,000 | US $22.6575 |
| February 20, 2025| 10,000 | €20.0000 | 428,600 | US $22.9821 |
| February 21, 2025| 10,000 | €20.2180 | 280,000 | US $22.9821 |
Additional Information
- Purpose of Purchases: These transactions are part of an existing share buyback program initiated on August 27, 2024. All shares purchased will be cancelled.
- Supplementary Purchase: An additional purchase of 1,071,054 Ordinary Shares at €20.50 per share on February 21, 2024, is noted as supplementary to the buyback program.
- Regulatory Compliance: The announcement complies with Article 5(1)(b) of Regulation (EU) No 596/2014.
Key Identifiers
- LEI: 635400BR2ROC1FVEBQ56
- ISIN: IE00BYTBXV33
Contact Information
- Contact Person: Peter Larkin, Ryanair Holdings Plc
- Phone: +353 1 945 1212
Insights
- Ryanair is actively engaging in share repurchase activities, which can indicate confidence in the company's financial health and a strategy to enhance shareholder value.
- The volume of shares repurchased underlines a significant commitment to return capital to shareholders.
- The program's structure suggests a systematic approach to managing share capital, possibly in response to market conditions or to mitigate dilution from employee stock options or equity compensation plans.
- The varying prices per share reflect market fluctuations and buying strategies employed during the repurchase period.
This information is crucial for investors and stakeholders to understand Ryanair's current financial maneuvers and potential impacts on share value.