Ryanair set to return €1bn to shareholders

Ryanair is to return up to €1bn to shareholders over the coming two years, via two separate share buy-back programmes or a special dividend payout.

The low fares airline’s senior management outlined the plans at an investor conference in London, yesterday.

It said that “at least €400m” would be realised via share buy-backs, to be completed during Ryanair’s current financial year, which runs up to the end of next March.