Airbus Launches Share Buyback Program to Support Employee Ownership and Compensation Plans

Airbus Launches Share Buyback Program to Support Employee Ownership and Compensation Plans

(IN BRIEF) Airbus SE has launched a share buyback program to acquire up to 4,254,000 shares by 31 March 2025, with the first phase targeting 2,127,000 shares by 31 October 2024. This buyback aims to support future employee share ownership and equity-based compensation plans, helping to prevent shareholder dilution. The program will be conducted in compliance with EU regulations and is managed by an independent investment firm.

(PRESS RELEASE) AMSTERDAM, 9-Sep-2024 — /EuropaWire/ — Airbus SE has initiated a share buyback program aimed at supporting future employee share ownership plans and equity-based compensation schemes. The program, which commenced on 9 September 2024, will run until 31 March 2025 and will target the repurchase of up to 4,254,000 shares.

An investment firm has been assigned to manage the first phase of the buyback, involving up to 2,127,000 shares, to be completed by 31 October 2024. The purchases will be made on the open market, and the investment firm will operate independently in its decisions regarding timing.

The initiative is in line with shareholder approval granted at Airbus’s Annual General Meeting in April 2024, allowing the company to repurchase up to 10% of its issued share capital. The goal is to fund employee ownership plans and compensation while preventing shareholder dilution.

This buyback program is conducted under the rules of the EU Market Abuse Regulation and aims to provide transparency to shareholders and the market. Further details will be available on the Airbus website.

DISCLAIMER
This press release does not constitute or form part of an offer to sell securities, or the solicitation of an offer to buy or subscribe for any securities, to or from any person in any jurisdiction.

The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement is not intended as investment advice, nor is it a recommendation to transact in any security. The information in this announcement is subject to change.

Media Contacts:

Guillaume Steuer
Head of External Communications
Phone: +33 6 73 82 11 68
guillaume.steuer@airbus.com

Rod Stone
Airbus Corporate Communications
Phone: +33 6 30 52 19 93
rod.stone@airbus.com

SOURCE: Airbus