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المشهد العربي
Airbus stock rises on €5bn buyback
European Airbus shares boost gains by over 7% after announcing a share buyback program worth €5 billion, aiming to double the company's profits to between €12 billion and €13 billion by 2029. The stock rose to approximately €209, its highest level since April, as the company focuses on increasing production of single-aisle aircraft to 70-75 planes per month by 2027 and expanding its operations in response to rising demand and accelerated delivery schedules.
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