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United Airlines Buyback

OLI recorded this information on 12/7/2017

Company: United Airlines
Buyback: UAL buyback
$Amount Authorized: $3,000,000,000
Buyback Details: United Airlines announced today that the Board of Directors of its parent company, United Continental Holdings, Inc. (NASDAQ:UAL), authorized a new $3 billion share repurchase program. This amount represents approximately 17 percent of the company's market capitalization based on the closing stock price on Dec. 6, 2017.

United Airlines Holdings is a holding company. Through its subsidiaries, Co. transports people and cargo throughout North America. Co.'s business and operations are dependent on its regional flight network. Co.'s subsidiary, United Airlines, Inc. (United), has bilateral commercial alliance agreements and obligations with Star Alliance members, addressing, among other things, reciprocal earning and redemption of frequent flyer miles, access to airport lounges and, with certain Star Alliance members, codesharing of flight operations. United's MileagePlus loyalty program provides awards, benefits and services to program participants. United provides freight and mail transportation services.

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Company Name:  United Airlines Holdings Inc
Stock buyback:  UAL buyback
Website:  www.united.com
Sector:  Airlines
Number of ETFs Holding UAL:  87
Total Market Value Held by ETFs:  $2.72B
Total Market Capitalization:  $13.61B
% of Market Cap. Held by ETFs:  20.01%
 

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April 20, 2024    6:44 AM Eastern
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Buy (3.42 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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