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Amadeus Temporarily Suspends Share Buyback Program for Subsidiary’s Initiative

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Amadeus IT Group S.A ( (ES:AMS) ) has provided an announcement.

Amadeus IT Group S.A. has announced a temporary suspension of its current Share Buyback Program to allow its French subsidiary, Amadeus sas, to execute a separate buyback program. This move is intended to support share allocation programs for employees and executives of Amadeus sas and its subsidiary, Amadeus Labs, for the fiscal year 2025. The suspension will last up to five business days, after which the original buyback program will resume, ensuring compliance with share plan regulations and maintaining operational continuity.

More about Amadeus IT Group S.A

Amadeus IT Group S.A. operates in the technology sector, providing IT solutions primarily for the global travel and tourism industry. The company focuses on offering services such as reservation systems, inventory management, and operational support for airlines, hotels, and travel agencies.

Average Trading Volume: 877,914

Technical Sentiment Signal: Buy

Current Market Cap: €30.92B

For an in-depth examination of AMS stock, go to TipRanks’ Stock Analysis page.

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