Indra Sistemas Launches Share Buyback Program

Indra Sistemas (ES:IDR) has released an update.

Indra Sistemas has announced a Temporary Share Buyback Program to purchase up to 490,000 shares, representing 0.28% of its share capital, with a maximum budget of €9 million. This initiative aims to fulfill the company’s obligations to deliver shares to its executives and employees as part of their compensation. The program, managed by Banco Santander, will run from December 2 to December 31, 2024.

For further insights into ES:IDR stock, check out TipRanks’ Stock Analysis page.