Amsterdam, 25 November 2024 – Airbus SE (stock exchange symbol: AIR) is launching the second tranche under its share buyback programme announced on 9 September 2024, which is being undertaken for the purpose of supporting future employee share ownership plan activities and equity-based compensation plans. The programme is being executed in multiple tranches, in the open market, over a period ending 31 March 2025, for up to a maximum of 4,254,000 shares (with the maximum monetary amount being that required to acquire the targeted number of shares at prices fixed in compliance with the Delegated Regulation). The first tranche of the programme, completed on 4 October 2024, resulted in 2,127,000 shares being repurchased.
Airbus has mandated an investment firm to manage the execution of the second tranche of the programme, which will comprise an amount of up to 2,127,000 shares, beginning on 25 November 2024 and ending no later than 24 January 2025. The investment firm will make its trading decisions concerning the timing of purchases independently of Airbus.
The programme will be carried out subject to market conditions and in compliance with applicable rules and regulations, including the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (“EU Market Abuse Regulation”) and its Commission Delegated Regulation (EU) No 2016/1052 (the “Delegated Regulation”).
The programme is undertaken pursuant to the authority granted by shareholders to the Airbus Board of Directors at the Airbus Annual General Meeting held on 10 April 2024, to repurchase up to a maximum of 10% of the Company’s issued share capital. The programme is intended to support the execution of future employee share ownership plan activities and equity-based compensation, while avoiding dilution of existing shareholders.
