AerCap Holdings announced that its Board of Directors has authorized a new US$250m share repurchase program, which will run through September 30, 2016. This program is in addition to the US$400m share repurchase program announced on February 23, 2016, which runs through June 30, 2016. Repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable U.S. federal securities laws. The timing of repurchases and the exact number of shares of common stock to be purchased will be determined by the company’s management, in its discretion, and will depend upon market conditions and other factors. The program will be funded using the company’s cash on hand and cash generated from operations.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada