European Aeronautic Defence and Space Co., or EADS N.V, (EADSY.PK,EADSF.PK) Tuesday said it has elected Denis Ranque as Chairman of the EADS Board of Directors and has reappointed Tom Enders as Chief Executive Officer.
In light of current market conditions, the Board has also authorized a 18-month share buyback programme of up to 3.75 billion euros, representing 15 percent of EADS's issued share capital at a maximum price of 50 euro per share.
The buyback is planned to be financed by cash available on the balance sheet.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.