#share buyback Tech News.
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Magellan Aerospace received TSX approval to buy back up to 2,853,953 common shares, or 5% of outstanding shares, over 12 months starting June 15, 2026. Daily purchases are capped at 10,475 shares. The company believes the buyback is an effective use of resources when share prices do not reflect underlying value.
SES will buy back up to 2,967,519 fiduciary depositary receipts (FDRs) at market price, capped at EUR 31,158,949.50, to meet obligations under its Equity Based Compensation Plan. The buyback will be executed by Société Generale and completed before the next annual general meeting.
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