On September 16, FTAI AVIATION LTD rose 5.16% in regular trading, trading at $185.70 per share, with turnover of approximately $91.57 million. The rally was driven by the company's announcement of a new share repurchase program of up to $500 million.

According to the announcement, the board of directors authorized the repurchase of the company's outstanding ordinary shares, with the program set to run until the earlier of the completion of all repurchases or September 30, 2029. The company expects to fund the buybacks with cash on its balance sheet. Based on a current market capitalization of approximately $18 billion, the $500 million repurchase represents roughly 2.8% of total market value, signaling management's confidence in the company's intrinsic value.

FTAI Aviation Ltd. owns and acquires aviation assets worldwide, operating through Aviation Leasing and Aerospace Products segments. The Aviation Leasing segment manages aircraft and engine portfolios for lease and sale, while the Aerospace Products segment develops, manufactures, repairs, and sells aircraft engines and aftermarket components. The company is headquartered in New York.

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