India, Sept. 16 -- Shares of FTAI Aviation Ltd. (FTAI) are rising about 6 percent in Wednesday morning trading, likely driven by the previous day's announcement regarding Board authorization of $500 million share repurchase program.
The company's shares are currently trading at $186.84 on the Nasdaq, gaining 5.84 percent in the latest session. The stock opened at $183.41 and touched an intraday high of $188.00. Over the past 12 months, the shares have traded between $149.50 and $323.51.
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