Schneider Electric Initiates Share Buyback Program

Schneider Electric (FR:SU) has released an update.

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Schneider Electric has repurchased 185,686 of its own shares, amounting to approximately 0.03% of its share capital, for a total of €44.3 million. This buyback is part of a program to meet long-term incentive plans for employees and executives. The company aims to drive sustainable growth as a leader in industrial technology and efficiency solutions.

For further insights into FR:SU stock, check out TipRanks’ Stock Analysis page.

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