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IAG Says It Will Keep Rewarding Investors Even as Fuel Surges

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IAG Says It Will Keep Rewarding Investors Even as Fuel Surges IAG SA said it plans to keep rewarding shareholders with dividend payouts and other returns even as the company incurs a higher fuel bill due to the Middle East war. The airline announced an interim dividend of €0.053 a share, an increase of 10% compared with last year, while beginning the final €500 million tranche of a €1.5 billion share buyback program, expected to finish in February.

IAG Says It Will Keep Rewarding Investors Even as Fuel Surges IAG SA said it plans to keep rewarding shareholders with dividend payouts and other returns even as the company incurs a higher fuel bill due to the Middle East war. The airline announced an interim dividend of €0.053 a share, an increase of 10% compared with last year, while beginning the final €500 million tranche of a €1.5 billion share buyback program, expected to finish in February.
IAG (ORG) Will Keep Rewarding Investors (PERSON) the Middle East (LOCATION)
Originally published by Bloomberg Markets Read original →