British Airways, Iberia, Aer Lingus, and Vueling Airlines parent IAG International Airlines Group has announced a EUR11.5 million euro (USD13.2 million) reduction of its share capital through the cancellation of 115,531,620 treasury shares acquired under a share buyback programme.

In a stock exchange filing on Spain's securities market commission (Comisión Nacional del Mercado de Valores - CNMV), the group announced that the capital reduction was carried out on March 24, having been approved by a general shareholders' meeting on June 19, 2025.

This followed the completion of a second tranche of EUR500 million (USD576 million) of a EUR1 billion (USD1.15 billion) share buyback programme, which ended on November 21, 2025.

The company's share capital, after the capital reduction, amounts to EUR461.1 million (USD531.5 million), divided into 4,611,669,527 ordinary shares of the same class and series, with a par value of EUR0.10 each (USD0.11), fully subscribed and paid up. The cancelled shares will be delisted from the CNMV.