Amadeus IT Group S.A ( (ES:AMS) ) has issued an announcement.
Amadeus IT Group S.A. has announced a share buyback program through its wholly-owned subsidiary, Amadeus sas, to repurchase up to 212,000 shares, representing 0.047% of the company’s share capital, with a maximum investment of 16,960,000 euros. This initiative, executed by Banco Bilbao Vizcaya Argentaria, S.A. as the agent entity, aims to fulfill share allocation programs for employees and executives, potentially impacting the company’s stock market performance and aligning with its strategic employee incentive plans.
More about Amadeus IT Group S.A
Amadeus IT Group S.A. operates within the technology sector, primarily focusing on providing IT solutions for the global travel and tourism industry. The company offers products and services that enhance the operations of airlines, airports, hotels, and travel agencies, aiming to improve travel experiences and streamline industry processes.
Average Trading Volume: 877,914
Technical Sentiment Signal: Buy
Current Market Cap: €30.92B
For a thorough assessment of AMS stock, go to TipRanks’ Stock Analysis page.