Kaufman & Broad and Parrot launch new share buyback programmes

Kaufman & Broad SA announced on 5 May 2026 a share‑repurchase programme authorised by its general meeting. The plan permits the company to buy back up to 10 % of its capital, or 1,742,082 shares, at a maximum price of €50 per share. The 18‑month programme runs until 5 November 2027. The firm currently holds 244,120 treasury shares (1.23 % of capital). Objectives include enhancing secondary‑market liquidity, supporting employee stock‑option plans and providing shares for possible future mergers, spin‑offs or capital reductions.

Parrot SA disclosed a comparable programme approved at its general meeting on 5 June 2025. The French drone maker may repurchase up to 10 % of its issued share capital, i.e., up to 3,094,034 shares, and holds no treasury shares at the time of the announcement. The buyback can be used to improve market liquidity, cover employee equity plans, supply shares for future corporate actions and potentially reduce capital. Both companies cited compliance with French market‑authorities regulations.