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Airbus gives third update on March share buyback programme

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Airbus gives third update on March share buyback programme

Airbus has reported transactions covering 321,086 shares between March 13 and 17 as part of its share buyback programme running for a month to March 27.

The shares were sold at a daily average weighted price of €123,9827611 and transacted under Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (“EU Market Abuse Regulation”), Airbus said. The average weighted price was €123.457430 over the previous week, during which the same number of shares was transacted.

The buyback programme is for "the sole purpose of covering Airbus’ long-term incentive plan in shares", with the repurchased shares to be "redistributed to the beneficiaries of long-term incentive plans according to the relevant plan rules".

The programme was authorised at the Airbus annual general meeting in April 2022.

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