|Bid||5.90 x 948200|
|Ask||5.90 x 1900800|
|Day's range||5.80 - 6.07|
|52-week range||5.57 - 12.96|
|Beta (5Y monthly)||1.59|
|PE ratio (TTM)||N/A|
|Earnings date||05 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||08 May 2019|
|1y target est||N/A|
Deutsche Lufthansa said on Monday it had wrapped up a 2.16 billion euro ($2.5 billion) capital increase and used the proceeds to repay 1.5 billion euros in state aid as it banks on a rebound in air travel. The German airline paid back the first of two tranches of hybrid capital, dubbed silent participation, it received as part of a 2020 bailout, it said. The company added it also intends to fully repay the second tranche, worth 1 billion euros, before the end of this year.
(Bloomberg) -- Deutsche Lufthansa AG paid off a chunk of the German government’s remaining bailout package, eliminating part of its so-called silent participation support with 1.5 billion euros ($1.7 billion) of the money it raised in a rights offering last week. Most Read from BloombergNYC's Waldorf Gets Plush Renovation, Becomes Icon of China's OverreachHow France Turned the Humble Roundabout Into a Showcase for ArtWhat the Front Line of the U.S. Abortion Fight in Kentucky Looks Like NowTycoon
A share repurchase, or share buyback, is when a company rebuys its own shares and returns money to its investors.