Saint-Cloud, France, June 9, 2016 (GLOBE NEWSWIRE) -- Further to the announcement by Airbus Group of its intent to sell its remaining shares of Dassault Aviation, Dassault Aviation announces wishing to buy back 502,282 of its own shares from Airbus Group.
The price of the shares sold to Dassault Aviation would be at the lower of the private placement price offered by Airbus Group to institutional investors and 980 € per share.
Dassault Aviation welcomes this opportunity to enlarge its free float.
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About Dassault Aviation:
With more than 8,000 military and civil aircraft delivered to more than 90 countries over the past 60 years, and having logged nearly 28 million flight hours to date, Dassault Aviation can offer recognized know-how and experience in the design, development, sale and support of all types of aircraft, from the Rafale fighter to the Falcon range of high-end business jets, as well as military unmanned air systems. In 2015, Dassault Aviation reported revenues of €4.20 billion. The company has almost 12,000 employees. In 2016, Dassault Aviation is celebrating the first centennial of its history, which started in 1916 with Marcel Dassault and the Éclair propeller.
Dassault Aviation: Intention to buy back own shares from Airbus Group http://hugin.info/143388/R/2019433/749747.pdf
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Source: Dassault Aviation