Wizz Air Holdings Plc (LSE:WIZZ) has updated the market on its share capital, confirming that there are currently 103,398,253 ordinary shares outstanding, each with one voting right. Additionally, the company disclosed its fully diluted share count—factoring in convertible notes and employee share options—totaling 127,733,907 shares. This information is key for shareholders to accurately assess their holdings and voting power under regulatory frameworks.
The company’s outlook remains positive, supported by a strong rebound in financial performance, notably income growth and improved profit margins. Despite this, challenges persist in the form of elevated leverage and ongoing negative free cash flow. Technical signals point to an upward trend in the stock price, bolstered by an attractive valuation with a relatively low price-to-earnings ratio, indicating potential undervaluation within the airline sector.
Further enhancing Wizz Air’s growth prospects are recent corporate milestones, including increasing passenger numbers and commitment to sustainability initiatives, which help offset some of the financial risks.
About Wizz Air Holdings
Wizz Air Holdings Plc is a leading low-cost airline operating primarily across Europe. The company is dedicated to providing affordable, reliable air travel, leveraging its extensive route network and modern fleet to serve a wide customer base.