AerCap Holdings repurchases 8M shares, completes $200M share repurchase plan

theflyonthewall.com

AerCap Holdings purchased approximately 5M ordinary shares in AerCap held by Cerberus Capital Management in a privately negotiated transaction. The purchase price for the 5M ordinary shares was $12.71 per share as compared to a closing share price of the ordinary shares on the New York Stock Exchange of $12.88 on December 5. In addition, on December 4, AerCap purchased approximately 3M ordinary shares in AerCap held by a non-affiliated shareholder in a privately negotiated transaction. The purchase price for the 3M ordinary shares was $12.85 per share as compared to a closing share price of the ordinary shares on the New York Stock Exchange of $12.91 on December 3. Both purchases were made under the previously announced repurchase program pursuant to which AerCap could purchase up to $200M of its ordinary shares prior to June 30, 2013. The repurchase program is now completed.

Rates

View Comments (0)