Trending: British Airways Owner IAG Launches Buyback

Dow Jones11-09

1400 ET -- British Airways owner International Consolidated Airlines Group is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. IAG third-quarter earnings rose ahead of expectations on strong demand, and the company launched its first share buyback since the Covid-19 pandemic. The London-based airline group said it would buy back 350 million euros ($378.1 million) of its own shares starting next week. The company reintroduced dividends earlier this year after a nearly five-year pause. Dow Jones & Co. owns Factiva. (matthew.walker@dowjones.com)

(END) Dow Jones Newswires

November 08, 2024 14:00 ET (19:00 GMT)

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