11:50 AM EDT, 08/08/2024 (MT Newswires) -- Ryanair Holdings ( RYAOF ) is kicking off a new 800 million euro ($873 million) share buyback program thanks to a stronger cash position due to robust travel demand and aircraft delivery delays, according to media reports.

The Irish airline said it now expects to complete its current 700 million euro buyback program by the end of this month, the reports said.

Ryanair ( RYAOF ) shares were up by more than 2% in recent trading.

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