Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Equity

v3.19.3.a.u2
Equity
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Equity Equity
The following table presents our share repurchase programs for the years ended December 31, 2019 and 2018:
Program approval date
 
Program end date
 
Authorized amount
 
Program completion date
February 2018
 
June 30, 2018
 
$
200,000

 
May 14, 2018
April 2018
 
December 31, 2018
 
200,000

 
November 2, 2018
October 2018
 
March 31, 2019
 
200,000

 
January 9, 2019
December 2018
 
March 31, 2019
 
100,000

 
March 22, 2019
February 2019
 
September 30, 2019
 
200,000

 
July 22, 2019
June 2019
 
December 31, 2019
 
200,000

 
December 5, 2019
November 2019
 
June 30, 2020
 
200,000

 
Not yet completed

In January 2020, our Board of Directors approved a share repurchase program authorizing total repurchases of up to $250 million of AerCap ordinary shares through June 30, 2020. See Note 30Subsequent events.
During the year ended December 31, 2019, we repurchased an aggregate of 11,950,824 of our ordinary shares under our share repurchase programs at an average price, including commissions, of $50.82 per ordinary share.
Between January 1, 2020 and March 3, 2020, we repurchased an aggregate of 1,659,269 of our ordinary shares under our share repurchase programs at an average price, including commissions, of $57.44 per ordinary share.
During the year ended December 31, 2019, our Board of Directors cancelled 10,000,000 ordinary shares which were acquired through the share repurchase programs in accordance with the authorizations obtained from the Company’s shareholders.
In February 2020, we cancelled 3,000,000 ordinary shares, which were acquired through the share repurchase programs in accordance with the authorizations obtained from the Company’s shareholders.