1130 GMT - Airbus's capital allocation plans are increasingly on investors' minds after French aerospace-industry supplier Safran recently said it would increase shareholder returns, Bank of America analysts write in a research note. Safran said last month that it plans to return about 70% of its cash generation to shareholders in the form of a 40% dividend payout and a 5 billion-euro share buyback from 2025 to 2028. The analysts aren't expecting a multi-year buyback program from Airbus this year. However, they estimate Airbus ended 2024 with net cash of more than 11.5 billion euros, which they say should warrant a buyback. Airbus shares trade 1.7% lower at 154.92 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
January 13, 2025 06:32 ET (11:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。