IAG, ES0177542018

IAG buyback runs through February. IAG stock sits 1.60 percent below Xetra close

Published on 10/22/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The EUR 500 million program may buy 210 million shares by February 26, 2027. IAG stock costs EUR 4.92 on October 22, 2026, 1.60 percent below Xetra close.

Buyback and earnings context

IAG began a EUR 500 million buyback on October 5, 2026.
First-half 2026 revenue reached EUR 16.064 billion, up 1.00 percent.
IAG stock trades at EUR 4.92 at 9:44 a.m. CEST at Lang & Schwarz on October 22, 2026, 1.60 percent below the Xetra close of October 21, 2026.
Third-quarter 2026 results are scheduled for November 6, 2026.

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International Airlines Group S.A. (ISIN ES0177542018) is trading at EUR 4.92 at Lang & Schwarz on October 22, 2026 at 9:44 a.m. CEST, down 1.60 percent versus the Xetra close of October 21, 2026 at EUR 5.00. The market is weighing the group's final EUR 500 million share buyback against weaker first-half profit.

According to FINCHANNEL on October 5, 2026, the program can acquire up to 210 million ordinary shares and is expected to end no later than February 26, 2027. The planned purchases complete IAG's EUR 1.5 billion excess-cash return plan.

Three buyback steps shaped 2026

The chronology shows a staged capital-return program. On May 14, 2026, the first EUR 500 million tranche was completed; on September 10, 2026, the second tranche ended after 97,747,488 shares had been acquired; and on October 5, 2026, IAG began the final EUR 500 million tranche, according to FINCHANNEL.

What does the earnings trend mean?

IAG's first-half 2026 revenue rose 1.00 percent to EUR 16.064 billion, while operating profit before exceptional items fell 6.40 percent to EUR 1.757 billion from EUR 1.878 billion a year earlier. The figures were reported in the company's half-year materials and summarized by Yahoo Finance. Management maintained a full-year operating-margin target of 12.00 percent to 15.00 percent, but fuel costs and competitive short-haul capacity remain important variables.

Next results date is November 6

IAG's investor-relations calendar lists November 6, 2026, for third-quarter results. The company also reported that its 2025 revenue was EUR 33.213 billion and operating profit before exceptional items was EUR 5.024 billion, providing a broader base for assessing the 2026 margin trend.

Stock trades below the Xetra close

The current euro quotation places IAG 1.60 percent below the Xetra close of October 21, 2026. In London, the stock was last quoted at GBp 412.10 at 7:50 a.m. UTC on October 22, 2026, with a 52-week range of GBp 302.65 to GBp 492.90 and a market capitalization of GBP 17.963 billion.

The further course of trading is shown by the continuously updated real-time quote of IAG stock.