Airbus has activated the first tranche, for a maximum of 800 million euros, of its own share buyback program, whose total amount may reach up to 5.000 million euros, as the company has informed in a statement after approval of the plan by its board of directors last month of July.
This first phase will last until December 23, while the entire program will be operational, at the latest, until July 31, 2029, structured in different successive tranches.
For this first block, the aviation group has hired an investment company tasked with executing the buyback orders, without disclosing its identity. This entity will autonomously make trading decisions relating to the timing and volume of acquisitions, without involvement from Airbus.
The plan falls within the authorization granted by shareholders to the board of directors at the annual general meeting of April 14, which allows the company to repurchase up to a maximum of 10% of the issued share capital. The continuity of the operation is conditional upon the ongoing approval of shareholders.
Between January and September, the European multinational recorded net profit of 3.587 billion euros, 36% higher than in the same period of the previous fiscal year, driven by the accumulated delivery of 547 commercial aircraft, which represents an 8% year-on-year increase, as well as by the positive performance of the Defense and Space business.
With a view to the entirety of 2026, Airbus reiterated last month the forecasts communicated in July, maintaining its target of delivering 870 commercial aircraft, reaching an adjusted operating profit of 7.500 million euros, and generating free cash flow before customer financing close to 4.500 million euros.