Cathay Pacific Airways Buys Back 643,076,181 Shares for HK$6,969,273,804

Reuters
Nov 05
<a href="https://laohu8.com/S/CPCAF">Cathay Pacific Airways</a> Buys Back 643,076,181 Shares for HK$6,969,273,804

Cathay Pacific Airways Limited has announced a share buy-back from Qatar Airways, involving 643,076,181 shares for a total consideration of approximately HK$6,969,273,804. The buy-back is intended to provide an orderly exit for Qatar Airways and minimize potential market volatility. The transaction is subject to approval by at least three-fourths of Independent Shareholders at an extraordinary general meeting.

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