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LATAM Airlines Approves 5% Share Repurchase Program

LATAM Airlines logoLATAM Airlines
Sig2.50Sen+2.60Env0.00Soc0.00Gov+1.20

LATAM Airlines Group approved at an Extraordinary Shareholders’ Meeting a 5% share repurchase program covering up to 28,710,799,185 subscribed and paid shares. The authorization runs for five years. The board can also buy shares in the market without pro rata rights, up to 1% of share capital in any 12-month period, and dispose of acquired shares under a separate 1% limit subject to legal conditions.

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