Originally Posted by
Maxfli
The market responded well to the announcement of further cancellations.
It’ll all be forgotten by Paddy’s Day.
It’s now or never boys, good luck.
Maxfli any thoughts about the sharebuyback, they bought shares over the last weeks again.
"Such purchases under a share buy-back programme usually tend to drive up a company's share price. Ryanair's shares closed 1.2pc higher in Dublin yesterday at €16.94. There's nothing untoward about the share dealing, with a company's brokers - in Ryanair's case, Citigroup and Davy Stockbrokers - typically taking advantage of any share weakness during a buy-back programme to acquire shares for cancellation on behalf of their client. By buying shares in itself now, Ryanair saved approximately €1m compared to if it had bought them before the controversy of recent days."
Airline capitalises on slump by buying back ?12m of its shares - Independent.ie