Air Astana announced completion of first stage of share and GDR buyback program

18.02.25 16:03
/KASE, February 18, 2025/ – Air Astana JSC (KASE ticker – AIRA) has informed about the following: quote On 30 April 2024, Air Astana JSC (the “Company”) commenced a buyback programme to purchase ordinary shares of the Company ("Shares") and global depositary receipts representing Shares ("GDRs") (the "Programme") in order to meet the Company's obligations arising from its employee incentive programmes. In the first part of the Programme, which has now concluded, the Company purchased in total 4,638,555 Shares (3,263,423 share and 343,783 GDRs (representing 1,375,132 Shares)) for a total consideration of USD 8.2M. First vesting of shares and GDRs to employees was on 17 February 2025. The insiders are within the closed period until the announcement of the Company's 2024 Annual Results scheduled on 14 March 2025. unquote Full version of the press release in Kazakh – https://kase.kz/files/emitters/AIRA/aira_relizs__180225_kz.pdf Full version of the press release in Russian – https://kase.kz/files/emitters/AIRA/aira_relizs_180225_1.pdf Full version of the press release in English – https://kase.kz/files/emitters/AIRA/aira_relizs__180225_en.pdf [2025-02-18]