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2019-12-03 01:19:32

AerCap (NYSE:AER) is down 1.6% postmarket after a filing from holders to offer up to 4M ordinary shares.

Waha AC Coöperatief and Avia Holding Limited (both tied to Waha Capital) are offering the shares through an underwritten public offering.

AerCap won't receive any proceeds from the sale of shares.

It also announced it's entered into an agreement to repurchase from Avia up to 2.43M ordinary shares, to be funded from cash on hand.

seekingalpha.com Jason Aycock
shares aercap holders offer file seekingalpha https minus avia waha percent ordinary

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