STOCKS | Airbus Targets €5 Billion Buyback, Profit Doubling Over Three Years
Airbus launched a EUR5 billion share buyback spread over three years and targeted adjusted EBIT of EUR12-13 billion by 2029, nearly double its 2025 result of EUR7.13 billion. Announced around the Farnborough Airshow, the news sent Airbus shares up 7.1% in Paris.
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