IAG, ES0177542018

J.P. Morgan keeps Buy rating for International Consolidated Airlines Group stock

Published on 10/16/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IAG may repurchase EUR 500.00 million by February 26, 2027. International Consolidated Airlines Group stock costs EUR 4.93 on October 16, 2026.

Capital return and earnings calendar

IAG launched a EUR 500.00 million buyback tranche on October 2, 2026.
Revenue reached EUR 33,213.00 million in fiscal year 2025, with a 15.10 percent operating margin.
International Consolidated Airlines Group stock trades at EUR 4.93 at 10:42 a.m. CEST at Lang & Schwarz on October 16, 2026.

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International Consolidated Airlines Group (ISIN ES0177542018) was trading at EUR 4.93 at Lang & Schwarz on October 16, 2026, at 10:42 a.m. CEST. Markets Insider reported on October 15, 2026, that J.P. Morgan maintained its Buy rating on International Consolidated Airlines Group.

Buyback reaches final tranche

The latest capital-return step is a EUR 500.00 million buyback tranche, part of a planned EUR 1.5 billion excess-cash return. According to AVIATOR, the program may repurchase up to 210.00 million ordinary shares and is scheduled to conclude by February 26, 2027. The shares will initially be held in treasury before a planned cancellation.

Three dates shape the story

On October 2, 2026, IAG launched the final EUR 500.00 million tranche, according to AVIATOR. On October 6, 2026, Bernstein maintained a Buy rating with a GBp 550.00 price target, as reported by Markets Insider. On October 15, 2026, J.P. Morgan maintained its Buy rating, also according to Markets Insider.

What does the buyback mean?

The return plan matters because the final tranche can reduce the share count by up to 4.55 percent of issued capital. IAG reported revenue of EUR 33,213.00 million in fiscal year 2025, operating profit of EUR 5,024.00 million and an operating margin of 15.10 percent in its investor-relations materials. The comparison is important: operating profit increased 13.10 percent from the prior year, while revenue increased 3.50 percent.

Dates for the next update

IAG's investor-relations calendar lists third-quarter 2026 results for November 6, 2026. The buyback program is expected to conclude by February 26, 2027, giving investors two concrete dates for the next company updates.

Stock price and investor calendar

The London-listed shares were last quoted at GBp 416.80 at 9:44 a.m. London time on October 16, 2026, with a 52-week range of GBp 332.70 to GBp 492.90. The current euro indication places the market's attention on capital returns, while the next earnings release will provide the next reported test of margins.

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