AIR Global Approves $0.28 Annual Dividend Per Share, Plans Buyback Up to $100 Million

AIR Global PLC (Nasdaq: AIIR) approved a $0.28-per-share annual dividend for fiscal 2027 and plans to repurchase up to $100 million in shares by December 2029, setting out a capital-return framework for the Dubai-based company. AIR expects to make the dividend payments in quarterly installments, starting in connection with its first-quarter 2027 results. The company expects to announce those results in May. Later dividend declarations and payments will require board approval. The planned buyback is subject to market conditions, capital requirements and regulatory approvals. AIR did not specify a repurchase schedule, and the plan permits purchases below the $100 million cap. The framework links distributions to equity free cash flow.

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