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
|
17h 8min atrás
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
|
588 dias atrás
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 staying well below the 7,900 level, following the broadly negative cues from Wall Street overnight, with a mixed performance across most sectors.
RTTNews
|
4h 12min atrás
Sensex, Nifty Likely To Open On Cautious Note
Indian shares are seen opening on a cautious note on Wednesday as investors weigh geopolitical tensions and wait for the Federal Reserve to provide an update on the central bank's interest-rate decision.
RTTNews
|
4h 32min atrás
Thai Stock Market Likely To Remain Rangebound On Wednesday
The Thai stock market has moved higher in two of three trading days since the end of the two-day slide in which it had stumbled almost 30 points or 2.4 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau and it's expected to turn lower again on Wednesday.
RTTNews
|
5h 3min atrás
Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Wednesday, extending the gains in the previous three sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving up above the 38,000 mark, with gains in exporters, automakers and financial stocks partially offset by some gains in technology stocks.
RTTNews
|
5h 32min atrás
Oversold Indonesia Bourse Nonetheless Called Lower Again
The Indonesia stock market has moved lower in four straight sessions, plunging almost 450 points or 6.9 percent along the way. The Jakarta Composite Index now sits just above the 6,220-point plateau and it may take further damage again on Wednesday.
RTTNews
|
5h 33min atrás
Hong Kong Shares May Ebb On Profit Taking
The Hong Kong stock market has moved higher in three straight sessions, improving almost 1,100 points or 4.5 percent in that span. The Hang Seng Index now rests just beneath the 24,750-point plateau although it's expected to open under water on Wednesday.
RTTNews
|
5h 48min atrás
