DUBLIN, Sept. 19, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced that its Board of Directors has authorized a new $500 million share repurchase program, which will run through March 31, 2025. This program is in addition to the $105 million of capacity remaining under the share repurchase program announced on May 8, 2024, which runs through December 31, 2024.
"Today's announcement takes our share repurchase authorizations to $4.4 billion since March 2023 and continues AerCap's strong track record of capital return," said Aengus Kelly, the Chief Executive Officer of AerCap. "We continue to view share repurchases as an attractive use of capital, driven by a high degree of confidence in our aircraft values and our outlook for the company. This strategy has consistently led to positive shareholder returns."
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