LATAM shareholder prices secondary sale of 12 million ADS

LATAM Airlines Group has priced a previously announced public secondary offering in which a shareholder will sell 12 million American Depositary Shares (ADS). The transaction places a significant block of LATAM equity onto public markets and formalizes the selling shareholder's exit plan.

Discovered 2026-02-16T06:15:11.187849-08:00 | 2026-02-16T06:15:11.187849-08:00

Briefing

What Hype is tracking

  • An existing shareholder has priced a public secondary sale of 12 million ADS, transferring that equity to public investors rather than raising new capital for the company.
  • The sale follows LATAM's 2025 results, including US$1.5B net profit on US$14.5B revenue, which provides recent financial context for market participants.
  • As a secondary offering, proceeds go to the selling shareholder and will change free-float and shareholder composition without directly altering LATAM's balance sheet.

Reported By

Aviacionline ch-aviation
Sources Tracked
3
First Seen
2026-02-16T06:15:11.187849-08:00
Latest Update
2026-02-16T18:40:01.365589-08:00
Coverage
Aviation

Sources

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