Dividends & Buybacks ·
LATAM Airlines Group S.A.'s shareholders approved a new share repurchase program at an Extraordinary Shareholders’…
LTMLatam Airlines Group S.A.
LATAM Airlines Group S.A.'s shareholders approved a new share repurchase program at an Extraordinary Shareholders’ Meeting on August 3, 2026. The authorization permits the company to acquire up to 5% of its subscribed and paid shares, equating to approximately 28.7 billion shares out of a total capitalization of roughly 574.2 billion shares. This program is valid for five years and grants the Board of Directors discretion regarding acquisition timing, pricing, and execution methods, including pro rata exchange transactions or direct market purchases. The filing also notes existing authority to acquire up to 1% of share capital annually without pro rata procedures. LATAM Airlines Group S.A. operates in the airline industry, providing passenger and cargo transportation services.