Air Astana (AIRA): Continuation of Share and GDR Repurchase Programme

Air Astana

Continuation of Share and GDR Repurchase Programme | Company Announcement | Investegate Fundraise Welcome About Contact Us Help Home Companies Advanced search Archive UK Short Positions Meetings UK Newswire New Login Register Continuation of Share and GDR Repurchase Programme Summary by AI BETA Close X Air Astana JSC announced the continuation of its share and GDR repurchase programme, commencing on March 16, 2026, to fulfill obligations under its long-term employee incentive programmes. The company plans to purchase up to 1,506,583 ordinary shares and global depositary receipts, representing approximately 0.42% of its total placed shares, for a maximum consideration of USD 4 million, including ancillary costs. Purchases will be executed on the Kazakhstan Stock Exchange, Astana International Exchange, and the London Stock Exchange at prevailing market prices. Disclaimer* Air Astana JSC 17 March 2026 &#160; 17 March 2026&#160;&#160; &#160; &#160; Continuation of Share and GDR Repurchase Programme&#160; &#160; Almaty, Kazakhstan - 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").&#160;&#160; &#160; 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.&#160; &#160; To implement the Programme, the Company has engaged JSC "Halyk Finance" on an execution basis, from time to time during the Programme period to purchase (i) Shares on the JSC "Kazakhstan Stock Exchange" and the Astana International Exchange ("AIX"); and (ii) GDRs on the London Stock Exchange (LSE) and AIX, on behalf of the Company. The purchases will be executed at the prevailing market price, in accordance with the rules of the relevant exchanges and in compliance with the applicable market abuse legislation.&#160; &#160; The Company intends to announce the results of its Programme on a regular basis. The Company will also announce if other brokers are engaged.&#160; &#160; This announcement does not constitute, or form part of, any offer or any solicitation of an offer for securities in any jurisdiction. None of the Company or any brokers engaged by the Company for the purposes of the Programme or their affiliates (or their respective directors, employees, agents or advisors) makes any recommendation as to whether or not shareholders or holders of GDRs should sell any or all of their Shares or GDRs. The shareholders and holders of GDRs are recommended to seek their own financial advice regarding participation in the Programme from their broker(s), investment manager(s), legal advisor(s), accountant(s), custodian(s) or other appropriately authorised independent financial advisor(s). Any individual or company whose Shares and/or GDRs are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if they wish to take part in the Programme.&#160; For further information, please visit www.ir.airastana.com , &#160; or contact: &#160; &#160; For more information, please contact: &#160; Air Astana Group &#160; Investor Relations Simon Wray (Head of Investor Relations) &#160; investor.relations@airastana.com Corporate Communications media@airastana.com FTI Consulting (Financial media) airastana@fticonsulting.com &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; About the Air Astana Group Air Astana Group is the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size. The Group operates a fleet of 62 aircraft split between Air Astana, its full-service airline that operated its inaugural flight in 2002, and FlyArystan, its low-cost airline established in 2019. The Group provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, regional and international routes across Central Asia, the Caucasus, the Far East, the Gulf, India and Europe. Air Astana has been recognised by SkyTrax as the Best Airline in Central Asia & CIS fourteen years running and received the Best Airline Staff Service in Central Asia & CIS award nine times in a row. FlyArystan has been recognised as the Best Low-Cost Carrier (LCC) in Central Asia & CIS at the SkyTrax awards three times. Additionally, Air Astana was awarded a five-star rating in the major airline category by the Airline Passenger Experience Association (APEX). The Group is listed on the Kazakhstan Stock Exchange, Astana International Exchange and London Stock Exchange (ticker symbol: AIRA). &#160; &#160; &#160; This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy . &#160; END &#160; &#160; AI Summary Disclaimer BETA &times; The content you are viewing has been generated or assisted by artificial intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may contain inaccuracies, outdated information, or subjective interpretations. This content is intended for general informational purposes only and should not be considered professional advice or factual confirmation. We encourage you to independently verify any information provided, especially if it will be relied upon for making decisions or taking action. Any reliance you place on this material is strictly at your own risk. The AI system that produced this content cannot assess the specifics of individual circumstances, and results may vary based on context and individual needs. --> Companies Air Astana (AIRA) Monday, 16th March 2026 COMPANIES COVERED: WSBN SYS1 BYIT System1 jumps as trading update eyes return to profitability, Bytes Technology finds early gains from stake building difficult to sustain and Wishbone Gold slumps despite gold find news. Read More Full Archive Play --> &#9654; &#128266; UK 100 FTSE quotes by TradingView Latest directors dealings 1 hour ago Vertu Motors 1 hour ago Frontier Developments 1 hour ago Nichols 1 hour ago Admiral Group 14 hours ago CLS Holdings All directors dealings today All intraday prices are subject to a delay of fifteen (15) minutes. Investegate takes no responsibility for the accuracy of the information within this site. The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filtered from this site. © 2026 Stockomendation Ltd Privacy and Cookie Polic