SHARE

IAG announces €1.5bn share buyback and dividend increase after record annual profits

The British Airways and Iberia owner, reported a 22% rise in profits after tax to €3.34bn, with revenues up 3.5% to €33.2bn. It will launch a €1.5bn share buyback and raise its dividend 8.9%.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.