IAG to Launch EUR500 Million Share Buyback Program

11:56 AM EDT, 10/02/2026 (MT Newswires) -- International Consolidated Airlines Group (IAG.L, IAG.MC), d/b/a IAG, will launch a 500 million-euro share buyback program, the final tranche of a planned 1.5 billion-euro return of excess cash to shareholders. The airline holding company will repurchase up to 210 million shares, representing 4.55% of its issued share capital as of Friday, of which 374 million euros will be bought from market participants and 126 million euros from Qatar Airways, according to a same-day release. The program starts Oct. 5, 2026, and is expected to end by Feb. 26, 2027. Morgan Stanley Europe and Goldman Sachs Bank Europe will carry out the share purchases on IAG's behalf.