IAG, ES0177542018

IAG launches EUR 500 million buyback and IAG stock costs EUR 4.87

Published on 10/27/2026 at 09:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The program covers 210 million shares through February 26, 2027, with cancellation planned. IAG stock costs EUR 4.87 on October 27, 2026 at Lang & Schwarz.

Cash return enters final phase

IAG launched its final EUR 500 million buyback on October 2, 2026.
The program represents 4.55 percent of issued share capital.
IAG stock trades at EUR 4.87 at 9:50 a.m. CEST at Lang & Schwarz on October 27, 2026.
IAG is scheduled to publish third-quarter results on November 6, 2026.

IAG, ES0177542018, Illustration mit AI erstellt.

IAG (ISIN ES0177542018) was trading at EUR 4.87 at Lang & Schwarz on October 27, 2026 at 9:50 a.m. CEST. The airline group launched the final tranche of its share buyback program on October 2, 2026, according to Investegate.

What does the buyback change?

The program allocates EUR 500 million to purchases on the London Stock Exchange and Spanish stock exchanges. Up to 210 million ordinary shares can be acquired, equal to 4.55 percent of IAG's issued share capital as of October 2, 2026. Shares bought under the program are intended for cancellation, while Qatar Airways is set to preserve its 25.1434 percent voting stake.

The cash return is the latest step in a EUR 1.5 billion plan. Morgan Stanley Europe and Goldman Sachs Bank Europe are implementing the purchases in sequential portions, with EUR 374.283 million allocated to market purchases and EUR 126 million linked to purchases from Qatar Airways, according to Investegate.

Three dates shape capital returns

On June 18, 2026, shareholders approved the capital reduction supporting the EUR 1.5 billion cash-return plan. On September 10, 2026, IAG completed the second EUR 500 million tranche. On October 2, 2026, it announced the final EUR 500 million tranche, according to the company announcement.

What matters before results?

IAG's fiscal year 2025 revenue rose 3.5 percent year over year to EUR 33,213 million, while operating profit before exceptional items increased 13.1 percent to EUR 5,024 million, according to IAG. Those figures give the buyback a broader context: capital returns are being made alongside higher reported operating earnings, although the next quarterly update will provide the fresher test of demand and costs.

The next two dated milestones are the third-quarter 2026 results on November 6, 2026, and the scheduled end of the buyback on February 26, 2027, according to Investing.com and the company announcement.

Stock price and upcoming results

The combination of a large capital-return program and the November reporting date leaves operating performance as the next concrete test for the investment case.

IAG stock was trading at EUR 4.87 at Lang & Schwarz on October 27, 2026 at 9:50 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of IAG stock.