AerCap Approves $1 Billion Share Repurchase Program

AerCap Holdings N.V. announced that its board of directors has approved a new share repurchase program. The program authorizes the repurchase of up to $1 billion of the company's ordinary shares, with repurchases to be completed by June 30, 2027. The repurchases can be executed through various methods, including open market purchases and privately negotiated transactions, and will be funded by existing cash reserves and operational cash flow. Management will determine the timing and exact number of shares to be repurchased based on market conditions.