Following the new share buyback plan announced in early December to cancel 5 billion euros worth of shares between 2025 and 2028, Safran yesterday signed an agreement with an investment services provider for a first tranche of this new share buyback plan for cancellation.

Under the terms of this agreement, Safran will buy back its own shares for a maximum amount of 350 million euros, starting on January 10, 2025 and ending no later than April 14, 2025.

This operation will be carried out in accordance with the authorization to buy back shares granted by the Annual General Meeting of Shareholders on May 23, 2024.

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