FTAI Aviation authorized a $500 million share repurchase program. The board announced the plan on September 15, 2026. The authorization remains active through September 30, 2029. The company will fund the buybacks using cash from its balance sheet.
Management may conduct repurchases through open market or private transactions. The program signals leadership's confidence in the firm's value.
FTAI shares rose nearly 4% in after-hours trading following the news. The company is not obligated to acquire a specific number of shares.