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Amadeus IT Group Announces Share Buyback Program

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Amadeus IT Group Announces Share Buyback Program

Amadeus IT Group S.A ( (ES:AMS) ) has shared an announcement.

Amadeus IT Group S.A. has announced a share buyback program, approved by its Board of Directors, to be conducted over the next 12 months. The program aims to reduce the company’s share capital by canceling shares, with a maximum investment of 1.3 billion euros and a cap of 19,231,000 shares, representing 4.27% of the company’s share capital.

More about Amadeus IT Group S.A

Amadeus IT Group S.A. operates in the technology sector, providing IT solutions primarily for the global travel and tourism industry. The company focuses on offering services such as reservation systems, ticketing, and other travel-related software solutions.

YTD Price Performance: 2.43%

Average Trading Volume: 644,932

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €30.06B

See more data about AMS stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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