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LATAM Airlines Reduces Share Capital by $585 Million

Story Highlights
  • LATAM Airlines cancels over 30 billion shares, reducing capital by $585 million.
  • The capital reduction reflects strategic financial adjustments, impacting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LATAM Airlines Reduces Share Capital by $585 Million

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LATAM Airlines Group SA Sponsored ADR ( (LTM) ) just unveiled an announcement.

On October 17, 2025, LATAM Airlines Group S.A. announced a significant reduction in its share capital following an Extraordinary Shareholders’ Meeting. The company decided to cancel 30,221,893,878 shares acquired under previous share repurchase programs, reducing its capital by approximately $585 million. This move aims to streamline the company’s capital structure and reflects a strategic adjustment in its financial management. The changes will be formalized through amendments to the company’s bylaws, impacting the company’s financial positioning and potentially affecting shareholder value.

The most recent analyst rating on (LTM) stock is a Hold with a $47.00 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 Neutral.

LATAM Airlines shows strong financial recovery with improved profitability and cash flow, but high leverage poses a risk. Technical indicators suggest a bearish trend, though valuation metrics indicate the stock is reasonably priced. The absence of earnings call data and corporate events limits further insights.

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 based in Santiago, Chile, and focuses on serving markets in Latin America, with a significant presence in international routes.

Average Trading Volume: 1,665,439

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.81B

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

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