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LATAM Airlines Announces Fifth Secondary ADR Sale

Story Highlights
  • LATAM Airlines announced a fifth secondary sale of ADRs on September 24, 2025.
  • The sale involves 15,503,784 ADRs priced at US$43.60 each, with payment on September 26, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LATAM Airlines Announces Fifth Secondary ADR Sale

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LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has shared an announcement.

On September 24, 2025, LATAM Airlines Group S.A. announced a significant financial transaction involving the fifth secondary sale of its American Depositary Receipts (ADRs). The sale, conducted under the registration rights agreement, involved 15,503,784 ADRs priced at US$43.60 each, equivalent to CLP$41,561.264 per ADR. The transaction, underwritten by J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, is set to be completed with payment on September 26, 2025. This move is expected to impact the company’s market presence and shareholder value.

The most recent analyst rating on (LTM) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines displays robust financial and technical performance, with strong revenue growth and positive market momentum. The stock is fairly valued, though high leverage presents a risk. Continued focus on debt reduction and industry volatility management is crucial for future stability.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. operates in the airline industry, providing passenger and cargo air transportation services. The company is a major player in the Latin American market, with a focus on connecting South America with the rest of the world.

Average Trading Volume: 1,146,342

Technical Sentiment Signal: Strong Buy

Current Market Cap: $13.25B

For a thorough assessment of LTM stock, go to TipRanks’ Stock Analysis page.

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