Schneider Electric ( (FR:SU) ) has provided an update.
Schneider Electric has executed a share buyback program, acquiring 60,000 shares for €13,427,757 between March 4 and March 7, 2025. This move aims to fulfill obligations related to long-term incentive plans for employees and corporate officers, potentially enhancing shareholder value and aligning employee interests with company performance.
More about Schneider Electric
Schneider Electric is a global leader in industrial technology, specializing in electrification, automation, and digitalization of smart industries, resilient infrastructures, sustainable data centers, smart buildings, and intuitive homes. The company offers AI-based IoT solutions integrating connected products, automation, software, and services to create digital twins and generate profitable growth. With a workforce of 150,000 employees and over a million partners in more than 100 countries, Schneider Electric is committed to sustainable development and efficiency.
YTD Price Performance: -6.56%
Average Trading Volume: 415,766
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €125.6B
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