Ryanair spends €211m in two months on its own stock

Filings show carrier began snapping up batches of hundreds of thousands of its own shares in November

23rd December, 2016
Ryanair has spent at least €211 million on buying up its own stock

Ryanair has spent at least €211 million on buying up its own stock since early November, filings to the Companies Registration Office show.

The sustained buying spree of shares at an average price of €14.44 over recent weeks means that the cash-rich airline has completed close to half of its promised €550 million share buyback already.

The filings show that the company began snapping up batches of hundreds of thousands of its own shares on...

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