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AerCap authorise new share repurchase program

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AerCap authorise new share repurchase program

AerCap board of directors has approved a share repurchase program authorising total repurchases of up to $650 million of AerCap ordinary shares through December 31, 2023.

Previously, AerCap announced that in April 2023 the Board approved a share repurchase program authorizing total repurchases of up to $500 million of AerCap ordinary shares through September 30, 2023 and in July 2023 the Board approved additional repurchases of up to $500 million of AerCap ordinary shares through December 31, 2023.

As of September 7, 2023, AerCap had repurchased 6,014,716 ordinary shares under the April Share Repurchase Program for approximately $357.2 million and no shares under the July Share Repurchase Program or September Repurchase Program. As a result, AerCap has an aggregate capacity of $1.3 billion for share repurchases under its Share Repurchase Programs as of September 7, 2023.

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