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Airbus Discloses Share Buyback Transactions

Airbus SE (EADSF.PK,EADSY.PK) started implementing a share buyback programme on 28 February 2018 for the sole purpose of covering its long-term incentive plan in shares. The repurchased shares will be redistributed to the beneficiaries of long-term incentive plans according to the relevant plan rules. The share buyback programme is expected to be completed by 2 May 2018.

The share buyback is undertaken pursuant to the general authority conferred on the Airbus SE Board of Directors by the 13th resolution to repurchase up to 10% of Airbus SE's issued share capital by the Annual General Meeting of shareholders of Airbus SE on 12 April 2017.

by RTTNews Staff Writer

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