AerCap Holdings N.V. Buyback
OLI recorded this information on 2/23/2024
Company: |
AerCap Holdings N.V. |
Buyback: |
AER buyback |
$Amount Authorized: |
$500,000,000 |
Buyback Details: |
AerCap Holdings N.V. (NYSE: AER), the industry leader across all areas of aviation leasing, today reported record financial results for the fourth quarter and full year of 2023 ended December 31, 2023. In February 2024, our Board of Directors approved a new share repurchase program authorizing total repurchases of up to $500 million of AerCap ordinary shares through September 30, 2024. 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 ordinary shares 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. The program may be suspended or discontinued at any time. |
AerCap Holdings is a holding company. Through its subsidiaries, Co. is engaged in aircraft leasing. Co. focuses on acquiring aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. Co. leases most of its aircraft to airlines under operating leases. Under these leases, the lessee is responsible for the maintenance and servicing of the equipment during the lease term and Co. receives the benefit, and assumes the risks, of the residual value of the equipment at the end of the lease. Co. provides aircraft and engine asset management and corporate services to securitization vehicles, joint ventures and other third parties.
Open the AER Page at The Online Investor »
Company Name: |
AerCap Holdings NV |
Stock buyback: |
AER buyback |
Website: |
www.aercap.com |
Sector: |
Airlines |
Number of ETFs Holding AER: |
31 |
Total Market Value Held by ETFs: |
$311.84M |
Total Market Capitalization: |
$10.76B |
% of Market Cap. Held by ETFs: |
2.90% |
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Open the AER Page at The Online Investor (in a new window) »