AerCap Will Initiate New Share Repurchase Program
(Thomson Reuters ONE) -
Amsterdam, The Netherlands; June 5, 2011 - AerCap Holdings N.V. ("AerCap" or
"the Company," NYSE: AER) today announced that it will initiate a new share
repurchase program. The new repurchase program will run through December
31, 2012 and will allow total repurchases of up to $130 million in 2012. The
total amount for shares repurchased under previously announced programs in 2011
and 2010 was $100 million.
Repurchases under the program may be made through open market purchases or
privately negotiated transactions in accordance with applicable U.S. federal
securities laws. The timing of repurchases and the exact number of shares of
common stock to be purchased will be determined by the Company's management, in
its discretion, and will depend upon market conditions and other factors. The
program will be funded using the Company's cash on hand and cash generated from
operations. The program may be suspended or discontinued at any time.
About AerCap
AerCap is the world's leading independent aircraft leasing company and has one
of the youngest fleets in the industry. AerCap has a portfolio of 350 aircraft
with a focus on fuel-efficient narrowbodies and widebodies. AerCap is a New York
Stock Exchange-listed company (AER) headquartered in The Netherlands with
offices in Ireland, the United States, China, Singapore, and the United Arab
Emirates.
This press release may contain forward-looking statements that involve risks and
uncertainties. In most cases, you can identify forward-looking statements by
terminology such as "may", "should", "expects", "plans", "anticipates",
"believes", "estimates", "predicts", "potential" or "continue" or the negative
of such terms or similar terminology. Such forward-looking statements are not
guarantees of future performance and involve significant assumptions, risks and
uncertainties, and actual results may differ materially from those in the
forward-looking statements.
For Media: For Investors:
Frauke Oberdieck, AerCap Peter Wortel, AerCap
Tel. +31 20 655 9616 Tel. +31 20 655 9658
foberdieck(at)aercap.com pwortel(at)aercap.com
AerCap New Share Repurchase Program June 2012:
http://hugin.info/149317/R/1617368/516102.pdf
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: AerCap Holdings N.V. via Thomson Reuters ONE
[HUG#1617368]
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Bereitgestellt von Benutzer: hugin
Datum: 05.06.2012 - 14:02 Uhr
Sprache: Deutsch
News-ID 153252
Anzahl Zeichen: 3099
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Town:
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Kategorie:
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