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Friday, Nov 30
2012, 2:06 PM
EADS (EADSY.PK +2.5%) is reportedly considering a share buyback as part of its restructuring...
EADS (EADSY.PK +2.5%) is reportedly considering a share buyback as part of its restructuring effort. The move comes as Daimler AG (DDAIF.PK) and Lagardere - who hold 15% and 7.5% of EADS stock respectively - both make plans to divest their stakes over the coming months, EADS appears to be looking to mitigating any negative effects these divestitures may have on the company's share price by reducing it overall float.