FTAI Aviation Authorizes $500M Share Repurchase Program

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Summary · why it matters

FTAI Aviation has authorized a new $500M share repurchase program covering its outstanding ordinary shares. The company said it plans to fund the buybacks with cash on its balance sheet, and the program will run through September 30, 2029, unless completed earlier. Repurchases may be made through the open market or private transactions depending on market conditions, and the program does not obligate the company to buy back any specific amount, with timing and size tied to its share price and market conditions. FTAI stock traded nearly 4% higher at ~$182.99 in the after-hours session.

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Aerospace & Aviation▲ · 1 stocks
FTAI Aviation Ltd.
FTAI
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FTAI authorized a new $500M share repurchase program funded with balance-sheet cash.