- English
European aviation group Airbus has announced the second tranche of its share buyback program. Airbus launches second tranche of share buyback program, between November 25 and January 24, through an investment firm. Airbus will buy back up to 2.12 million shares. This is part of the plan to buy back a total of up to 4.25 million shares.
Airbus launches second tranche of share buyback program
The Company intends to support through the share buyback program:
- Future employee equity programs
- Share-based compensation plans
Airbus has appointed an investment firm to manage the second tranche of the share buyback program. The second tranche will involve the purchase of up to 2,127,000 shares. The first tranche of the program was up to 2.12 million shares. It was completed on October 4.
The total program is expected to be completed by March 31, 2025. On Monday, Airbus shares were up 0.86% at 139.12 euros.
Photo Source: New York Times
