Airbus: share buyback program
(CercleFinance.com) - Airbus is launching a share buyback program, with the aim of supporting future employee share ownership plan activities and share-based compensation plans.
The program will be executed on the open market over a period ending March 31, 2025, for a maximum number of 4,254,000 shares.
Airbus has mandated an investment firm to manage the execution of the first tranche of the program, which will comprise an amount up to a maximum of 2,127,000 shares, starting on September 9, 2024 and ending no later than October 31, 2024.
The program is being undertaken in accordance with the authorization granted by shareholders to the Airbus Board of Directors at the Annual General Meeting of Airbus held on April 10, 2024, to buy back up to a maximum of 10% of the Company's issued share capital," the company said.
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