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The latest announcement is out from Schneider Electric ( (FR:SU) ).
Schneider Electric has executed a share buyback program, repurchasing 75,000 shares for approximately €16.88 million. This initiative is part of a long-term incentive plan for employees and corporate officers, reflecting the company’s commitment to rewarding its workforce and enhancing shareholder value.
More about Schneider Electric
Schneider Electric is a global leader in industrial technology, specializing in electrification, automation, and digitization. The company provides integrated AI-enabled Industrial IoT solutions, including connected products, automation, software, and services, to smart industries, resilient infrastructure, data centers, intelligent buildings, and homes. With a workforce of 150,000 and over a million partners in more than 100 countries, Schneider Electric is committed to sustainability and efficiency.
YTD Price Performance: -5.31%
Average Trading Volume: 477,320
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €127.9B
See more insights into SU stock on TipRanks’ Stock Analysis page.