Updated: 11 November 2025
TL;DR
- Share price: IAG (LSE: IAG) closed at 383.85p (+1.36%) after a volatile few sessions post‑Q3 results. Today’s intraday range was 379.20p–387.30p. [1]
- Corporate action: IAG disclosed a new buyback trade—973,371 shares purchased on 10 Nov—taking treasury shares to 144.84m. [2]
- Operations:British Airways warned it could redirect investment away from Heathrow if a third runway and related charges make the hub uncompetitive; BA also rolled out MRO‑PRO to digitise global line‑maintenance operations. [3]
- Upcoming cash events: IAG’s €0.048 interim dividend goes ex‑dividend on 27 Nov; the current buyback tranche runs to “no later than” 28 Nov. [4]
IAG share price at a glance (11 Nov 2025)
International Consolidated Airlines Group shares finished at 383.85p, up 1.36% on the day, with an intraday range of 379.20p–387.30p and reported volume of ~6.16m. That leaves the stock about 10% below its 52‑week high of 429.30p (set 3 Nov 2025). [5]
Today’s gain extends Monday’s rebound and partly retraces Friday’s sharp sell‑off after Q3, when IAG dropped 11.57%. From Friday’s close (366.20p) to today’s 383.85p, the shares have recovered ~4.8%. [6]
Corporate action: buyback marches on
Before the market opened, IAG published a “Transaction in Own Shares” notice: on 10 November the company repurchased 973,371 shares (585,320 in London between £3.7440–£3.8180; 388,051 in Madrid between €4.2710–€4.3400). Treasury shares now stand at 144,838,831, with 4,582,362,316 shares outstanding (ex‑treasury) out of 4,727,201,147 issued. The repurchases sit within the 2025 programme. [7]
This continued execution is consistent with management’s shareholder‑returns framework flagged around results and dividend declarations this month. The €0.048 interim dividend timetable is ex‑div 27 Nov, record 28 Nov, payment from 1 Dec. [8]
Heathrow debate heats up: BA warns on competitiveness
Speaking in London today, British Airways CEO Sean Doyle signalled that if Heathrow’s runway expansion and higher charges render the hub uncompetitive, IAG could reallocate investment to other European bases (e.g., Madrid, Dublin, Barcelona). Doyle also supported avoiding a full M25 motorway move, favouring a shorter runway option if feasible. The remarks underscore how airport economics could influence IAG’s capital deployment across its multi‑brand network. [9]
Why it matters for the stock: Heathrow’s final runway and fee structure decisions affect BA’s cost base and growth capacity at its primary hub. Investors will monitor the UK government’s upcoming expansion decision and the CAA charging framework, both of which feed into margin and capacity planning across the group. [10]
Ops & tech: BA rolls out MRO‑PRO line‑maintenance platform
In parallel, BA confirmed it is rolling out MRO‑PRO, a cloud platform that digitises line‑maintenance planning, real‑time tasking and invoicing across 30+ international stations (e.g., Miami, New York, Boston, Chicago, Barcelona, Madrid, Sydney, Delhi, Manchester and Gatwick). Full implementation is targeted by end‑January 2026. The move seeks faster turnaround, better resource planning and cleaner billing for BA’s third‑party maintenance business. [11]
Investor angle: While not a headline revenue driver on its own, digitising MRO workflows can lift utilisation and reduce disruption costs, supporting operational resilience—an area investors have scrutinised since the pandemic recovery. [12]
Context after Q3: softness on North Atlantic, but stabilisation signs
The 11 Nov news sits against last Friday’s Q3 read‑through: IAG maintained guidance but flagged softer U.S. economy‑class demand and lower load factors on North Atlantic routes, prompting the initial share slump. Subsequent commentary from BA has hinted at improving transatlantic trends into Q4, and the stock has clawed back a portion of the drop. [13]
Near‑term dates & catalysts
- Interim dividend: Ex‑div 27 Nov 2025; payment from 1 Dec 2025. [14]
- Share buyback (2nd tranche): Scheduled to run to no later than 28 Nov 2025 (management can close earlier). Watch for daily “Transaction in Own Shares” updates. [15]
- Operational upgrades: Group‑wide Starlink Wi‑Fi rollout was announced last week, supporting the customer proposition for 2026 and beyond. [16]
What today means for investors
- Supportive capital return backdrop: Today’s additional buyback trade and the late‑November interim dividend underpin the shareholder‑returns story, a key pillar supporting the equity after Friday’s volatility. [17]
- Execution in operations: The MRO‑PRO deployment is a tactical efficiency upgrade that may help on‑time performance and cost control—incremental positives that compound over time. [18]
- Policy risk at Heathrow: BA’s warning crystallises the regulatory/airport‑charges risk for the BA hub. Any fee increases or costly runway plan could weigh on medium‑term UK margins, potentially shifting capex bias to Madrid/Dublin/Barcelona within IAG’s portfolio. [19]
Bottom line: On 11 November 2025, IAG shares closed higher, supported by an active buyback and incremental operational news. The Heathrow debate is an emerging swing factor to track alongside North Atlantic demand trends into Q4. For now, cash returns and execution discipline remain the key supports for sentiment. [20]
Disclosure: This article is for information only and is not investment advice. Always do your own research.
References
1. www.investing.com, 2. www.investegate.co.uk, 3. www.thenationalnews.com, 4. www.tradingview.com, 5. www.investing.com, 6. www.investing.com, 7. www.investegate.co.uk, 8. www.tradingview.com, 9. www.thenationalnews.com, 10. www.thenationalnews.com, 11. avitrader.com, 12. avitrader.com, 13. www.reuters.com, 14. www.tradingview.com, 15. www.londonstockexchange.com, 16. www.theguardian.com, 17. www.investegate.co.uk, 18. avitrader.com, 19. www.thenationalnews.com, 20. www.investing.com
