US Stock Market Move | In the last fiscal year, profits reached the upper limit of expectations, and Ryanair Holdings plc (RYAAY.US) plans to repurchase 750 million euros worth of shares. The stock rose nearly 6%.
On Monday, Ryanair (RYAAY.US) rose nearly 6%, hitting a new high of $53.06.
On Monday, Ryanair (RYAAY.US) rose nearly 6% to a new high of $53.06. In terms of news, the company announced its financial performance for the fiscal year ending in March, with profits falling 16% year-on-year to 1.61 billion euros, reaching the upper end of the company's expectations. Due to a 7% decrease in ticket prices, passenger traffic increased from 183.7 million in 2024 to slightly over 2 billion. The company stated that it plans to buy back 750 million worth of shares in the next 6 to 12 months.
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