AerCap Holdings approve $200 million share repurchase program

Darren Wood
By Darren Wood June 13, 2019 10:50

AerCap Holdings approve $200 million share repurchase program

Dublin-based AerCap Holdings has announced that the board of directors has approved a $200 million share repurchase program until December 31.

Repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable US federal securities laws.

In a statement, AerCap has said: “The timing of purchases and the exact number of ordinary shares to be purchased will be determined by the company’s management, in its discretion, and will depend upon market conditions and other factors.

The program will be funded using the company’s cash on hand and cash generated from operations.

The program may be suspended or discontinued at any time, AerCap has said.

Darren Wood
By Darren Wood June 13, 2019 10:50