Source - Alliance News

Ryanair Holdings PLC - Dublin-based budget airline - Commissions stockbrokers J&E Davy to run a new share buyback programme, worth up to €800 million. The new programme will start on Tuesday and end by the end of May next year. The new buyback follows a €700 million programme that began in May and has now been completed. Ryanair bought back a total of 38.6 million shares, which were then cancelled.

Current stock price: €15.92, up 5.3% in Frankfurt on Tuesday

12-month change: up 2.7%

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