Amadeus IT Group S.A (ES:AMS) has released an update.
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Amadeus IT Group S.A. has announced a share buyback program aimed at acquiring up to 430,500 shares, representing 0.095% of the company’s share capital, with a maximum investment of €32.3 million. This initiative, set to occur between December 2024 and January 2025, is designed to manage convertible bond obligations, with Crédit Agricole Corporate & Investment Bank appointed to execute the purchases independently. The shares will be bought at market prices, adhering to regulatory conditions to ensure no more than 25% of the average daily volume is traded on any given day.
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