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Safran Conducts Strategic Share Buyback Program

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Safran Conducts Strategic Share Buyback Program

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SAFRAN SA ( (FR:SAF) ) has shared an update.

Safran SA conducted a series of share buybacks between February 3rd and 7th, 2025, repurchasing a total of 134,237 shares at a weighted average acquisition price of €240.2211, amounting to €32,246,559.80. The buyback transactions were executed by Citigroup Global Markets Europe AG under a discretionary mandate, indicating Safran’s strategic move to manage its capital structure and potentially enhance shareholder value.

More about SAFRAN SA

Safran SA operates in the aerospace and defense industry, providing aircraft engines, rocket engines, and various aerospace components. The company focuses on both commercial and military markets, supplying key components and systems to major aircraft manufacturers worldwide.

YTD Price Performance: 15.69%

Average Trading Volume: 205,862

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €101.5B

Learn more about SAF stock on TipRanks’ Stock Analysis page.

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