on SAFRAN (EPA:SAF)
Safran's Share Buyback Program: February 2025 Transactions
Safran, a prominent player in the aerospace industry, disclosed its share buyback activities for the week of February 17 to February 21, 2025. The transactions were executed by Citigroup Global Markets Europe AG under a discretionary mandate, ensuring that Safran could not influence the timing, pricing, or quantity of shares purchased.
Over this period, Safran repurchased a total of 37,080 shares. The daily average purchase prices ranged from €244.95 to €252.24 per share, culminating in a gross consideration of €9,226,126.94. The share purchases were conducted on the trading venue XPAR, aligning with the Market Abuse Regulation article 5, paragraph 2, clause (a).
This buyback initiative forms part of Safran's ongoing strategy to manage its capital, potentially enhancing shareholder value in the long term.
R. P.
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