AerCap's Board Of Directors Has Authorized A New $500M Share Repurchase Program Through December 31, 2024
Portfolio Pulse from Benzinga Newsdesk
AerCap's Board of Directors has approved a new $500 million share repurchase program, set to run through December 31, 2024.
May 08, 2024 | 10:12 am
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POSITIVE IMPACT
AerCap's new $500 million share repurchase program is likely to positively impact its stock price in the short term.
Share repurchase programs often lead to a positive short-term reaction in the stock market as they can indicate the company's confidence in its own financial health and prospects. By reducing the number of shares outstanding, EPS (earnings per share) may increase, potentially making the stock more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100