Air Astana JSC announces continuation of its share and GDR buyback program
/KASE, March 17, 2026/ – Air Astana JSC (KASE ticker – AIRA) has announced the following:
quote
17 March 2026
Air Astana JSC (the "Company" and, together with its subsidiary FlyArystan, the "Group") announces that, pursuant to the decision of the Board of Directors of the Company taken on 12 March 2026, it will continue its buyback programme to purchase ordinary shares of the Company ("Shares") and global depositary receipts representing Shares ("GDRs") (the "Programme").
As earlier, the purpose of the Programme is to meet the Company's obligations under its long-term employee incentive programmes. During 2026, the Company intends to purchase up to 1,506,583 Shares (in the form of Shares and/or GDRs), which currently constitutes approximately 0.42% of the total number of placed Shares of the Company (excluding the shares previously repurchased (and further distributed to employees as intended) and including those represented by GDRs), for a maximum consideration of up to USD 4 million (including ancillary costs). This part of the Programme commenced on 16 March 2026.
unquote
Full version of the press release in Kazakh: see more
Full version of the press release in Russian: see more
Full version of the press release in English: see more
[2026-03-17]