Advertisement
Fraport AG Frankfurt Airport Decides To Buy Back Own Shares For Employee Participation Program
(RTTNews) - As part of it's employee participation program this year, the Executive Board of Fraport AG Frankfurt Airport Services Worldwide has decided to buy back own shares through the stock exchange.
To fulfill all claims up to 75,000 of its own shares (about 0.081 percent of the capital stock) will be bought back.
The share buyback serves solely to fulfil the obligations arising from the employee share capital program of Fraport AG Frankfurt Airport Services Worldwide. The total purchase price (excluding incidental costs) is up to 4.00 million euros.
The share buyback will begin on 04 June 2024 and will be completed by 30 June 2024 and it will be carried out by an independent financial service provider.
read more
Fraport Stock Up On Growth In FY24 Results, Positive EBITDA Outlook
Shares of Fraport AG were gaining around 2 percent in German trading after the airport operator reported Tuesday higher profit in its fiscal 2024 as revenues were benefited by increased traffic volumes and prices at Frankfurt Airport and across its international network of airports. Looking ahead, for fiscal 2025, Fraport projects Group profit at previous year's level or slightly below.
RTTNews
|
159日前
Fraport Stock Up On H1 Profit, Upbeat FY23 Earnings View
Shares of Fraport Group were gaining around 8 percent in the morning trading in Germany after the airport operator reported Tuesday a profit in its first half, compared to last year's loss, with strong passenger demand. The company further said it now expects to meet the upper half of its earnings projection range for fiscal 2023.
RTTNews
|
747日前
Australian Market Slashes Early Gains In Mid-market
The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews
|
33分前
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews
|
50分前
Sensex, Nifty Seen Higher On Dovish Fed Comments
Indian shares are seen opening higher on Monday as traders react to Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole.
RTTNews
|
1時30分前
Thai Shares Tipped To Open To The Upside On Monday
The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews
|
1時59分前
Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews
|
2時12分前
Indonesia Stock Market May End Losing Streak On Monday
The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews
|
2時29分前
