On 15 August 2024, Ryanair Holdings PLC announced a change in the ratio of its American depositary shares (ADSs) from 1 ADS representing 5 ordinary shares to 1 ADS representing 2 ordinary shares, effective around 27 September 2024, with trading based on the new ratio starting on 30 September 2024. ADS holders will receive 1.5 additional ADSs for each ADS they own as of 25 September 2024, with no impact on ordinary shares or overall ownership percentages for existing shareholders.