Airbus Group SE (FR:AIR) has released an update.
Airbus SE announced the initiation of a share buyback program aimed at supporting its future employee share ownership and equity compensation plans. The program, which will run until March 2025, allows for the repurchase of up to 4,254,000 shares in several tranches, with the first tranche involving up to 2,127,000 shares by the end of October 2024. This move is in line with the authorization given by shareholders and is intended to prevent dilution of existing shareholder value.
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