🟢 Safran SA is trading 4.8% up today after recent share buyback disclosures

Safran SA is trading 4.8% up today at $320.70 following recent disclosures of share buyback transactions filed with Euronext.

• The move extends a strong multi-day rally from $295.30 on June 11 and $306.10 on June 12.
• The buyback activity is viewed as a signal of management confidence and is expected to provide support for earnings per share.
• Upside momentum is further supported by generally constructive risk sentiment across global markets.