EADS postpones an employee shareholding operation

Publication

7 June 2006 à 15h11

Updated on 26 March 2013 à 15h05

Reading time

1 minute

Publication: 7 June 2006 à 15h11, Updated on 26 March 2013 à 15h05

Reading time: 1 minute

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According to the Financial Times Deutschland (7-06), the European group of aircraft and defense EADS decided to postpone an employee shareholding operation which was to take place between 5 and 23 June, for the 120000 employees of the group. (Ref. 06578)
Publication

7 June 2006 à 15h11

Updated on 26 March 2013 à 15h05

Reading time

1 minute

Publication: 7 June 2006 à 15h11, Updated on 26 March 2013 à 15h05

Reading time: 1 minute

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This operation (plan ESOP 20606) was to propose to employees in 14 countries to obtain up to 500 stocks with a rebate of 20%, according to the Financial Times Deutschland. But the management prefers to wait for the stock’s price to be stabilized before launching this program. The stock was at a record level of 35,13 euros on last 24 March, but collapsed to 26,11 euros on 6 June. In addition to the weakness of the dollar, which can weigh on the results of the group and the price of the...

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