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Ryanair Holdings PLC: February 2025 Share Buyback Report Insights

$RYAAY
Form 6-K
Filed on: 2025-02-10
Source
Ryanair Holdings PLC: February 2025 Share Buyback Report Insights

Here are the key insights extracted from the financial report regarding Ryanair Holdings PLC's transactions in its own shares:

  1. Report Type and Date: The document is a Form 6-K filed on February 10, 2025, by Ryanair Holdings PLC, indicating transactions in its own shares for the period from February 3 to February 7, 2025.
  2. Overview of Transactions:
  • Ryanair announced the purchase of a total of 49,000 ordinary shares for cancellation.
  • Additionally, 1,409,636 Ordinary Shares were purchased underlying American Depositary Shares (ADS).
  1. Details of Share Purchases:
  • The purchases were made over five days, with the following details:
    • February 3, 2025: 7,500 shares at €20.190 (Volume Weighted Average Price - VWAP)
    • February 4, 2025: 11,900 shares at €20.394
    • February 5, 2025: 8,800 shares at €20.328
    • February 6, 2025: 7,800 shares at €20.310
    • February 7, 2025: 13,000 shares at €20.474
  1. Average Prices:
  • For the ordinary shares, the average prices varied daily, with the highest purchase price being €20.474 and the lowest being €20.190 during this reporting period.
  • The corresponding purchases of ADS also reflect similar price trends, with the highest price for ADS being approximately US $23.6036 and the lowest at US $23.2963.
  1. Purpose of Share Buyback:
  • These purchases were part of the company's existing share buy-back program announced on August 27, 2024. All shares bought back will be cancelled, which is a strategy often employed to enhance shareholder value by reducing the number of shares in circulation.
  1. Regulatory Compliance:
  • The announcement was made in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, indicating compliance with relevant regulations regarding market transparency.
  1. Contact Information:
  • For further inquiries, Peter Larkin is listed as the contact person for Ryanair Holdings PLC, with a contact number provided.

This report indicates a proactive approach by Ryanair to manage its capital structure and potentially improve its stock value through share repurchases.