Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
SAFRAN SA ( (FR:SAF) ) has shared an announcement.
Safran has announced a €5 billion share buyback program for cancellation between 2025 and 2028, starting with a first tranche agreement to repurchase shares worth up to €350 million from January to April 2025. This strategic financial move, approved by the shareholders’ General Meeting, signals Safran’s commitment to enhancing shareholder value and may strengthen its market positioning in the aerospace and defense sectors.
More about SAFRAN SA
Safran is an international high technology group that operates in the aviation, defense, and space markets with a focus on making air transport safer, more sustainable, and accessible. The company, which employs 92,000 people and had sales of €23.2 billion in 2023, holds leadership positions in its markets and is listed on the Euronext Paris stock exchange, being part of the CAC 40 and Euro Stoxx 50 indices.
YTD Price Performance: 2.76%
Average Trading Volume: 220,379
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €90.1B
Find detailed analytics on SAF stock on TipRanks’ Stock Analysis page.
