AIR Global PLC Announces $0.28 Annual Dividend and $100 Million Share Buyback
AIR Global PLC (AIIR) has announced plans to initiate an annual dividend of $0.28 per share, which will be distributed in quarterly installments. The company expects to announce the first payment details alongside its Q1 2027 financial results, scheduled for release in May 2027. In addition to the new dividend policy, the company is launching a $100 million share buyback program. To support its capital structure and facilitate refinancing, AIR Global has also priced $425 million in senior notes at an interest rate of 7.875%.
Tickers: $AIIR
Topics: debt refinancing dividend announcement stock buyback