sur Airbus Group N.V. (EPA:AIR)
Airbus Initiates Second Phase of Share Buyback Programme
Airbus SE, listed under the stock symbol AIR, has commenced the second phase of its share buyback programme initially announced on September 9, 2024. This initiative is designed to bolster future employee share ownership and equity-based compensation plans. The programme will run until March 31, 2025, targeting up to 4,254,000 shares in total, split into various tranches.
The first tranche concluded on October 4, 2024, resulting in the repurchase of 2,127,000 shares. The second tranche aims for a similar number of shares, spanning from November 25, 2024, to January 24, 2025. An investment firm has been appointed to independently execute the buyback in compliance with European regulations, ensuring market conditions are favorable.
This strategy is supported by the authority granted during the Airbus Annual General Meeting on April 10, 2024, enabling the repurchase of up to 10% of the company's issued share capital. The programme aims to prevent dilution of existing shareholders.
R. H.
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