Airbus Executes Share Buyback to Boost Equity Plans

Airbus Group SE (FR:AIR) has released an update.

Airbus SE has successfully executed a share buyback program, purchasing 554,600 shares between November 25 and 29, 2024, with a total expenditure of approximately €76.95 million. This initiative aims to bolster future employee share ownership and equity-based compensation plans, reflecting the company’s strategic focus on enhancing shareholder value. The buyback underscores Airbus’s commitment to optimizing its capital structure as approved by its Board of Directors.

For further insights into FR:AIR stock, check out TipRanks’ Stock Analysis page.