Cathay Pacific shareholders approved the repurchase of Qatari Airways' shares for 6.97 billion Hong Kong dollars.

Reportedly, Cathay Pacific shareholders have approved a 6.97 billion Hong Kong dollar buyback of Qatar Airways' shares. Cathay Pacific's Chairman Patrick Healy stated that he was pleased to see the shareholders approve the buyback of Qatar Airways' shares, and that this buyback reflects the company's confidence in its long-term business prospects. Cathay Pacific held a special shareholders' meeting on Thursday to vote on the buyback plan.