Credit: Cathay Pacific
Cathay Pacific has fulfilled its goal of buying back half of the airline’s shares held by the Hong Kong government, with the remainder set to be repurchased in 2024. The carrier said it has bought back HK$9.75 billion ($1.2 billion) of the HK$19.5 billion worth of the government’s preference shares...
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Cathay Reclaims Shares Bought By Government During Pandemic is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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