AIR Establishes New Capital Return Framework with Dividends and Buybacks
Key Facts
AIR established a new quarterly cash dividend policy and a share repurchase program for its shareholders. The company said in a statement via GlobeNewswire that this framework is supported by strong cash flow generation and is designed to enhance shareholder returns while maintaining investment capacity for growth.
The company expects continued growth in Adjusted EBITDA to support these returns and further strengthen its balance sheet. AIR also anticipates that net leverage will decline to 2.0x or below by December 2027, while it continues to invest in its capital allocation priorities and broader growth strategy.
Latest Updates · 1
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Update: Air Global has set the value of its share repurchase program at $100 million. This financial specification follows the company's announcement of its new framework to enhance shareholder returns and capital allocation.