Alstom to launch share buy-back worth 3.2 billion euros

November 4, 2015 5:47 PM

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Alstom to launch share buy-back worth 3.2 billion euros

PARIS French engineering group Alstom (ALSO.PA) said on Wednesday it would launch a share buy-back program worth 3.2 billion euros ($3.5 billion) on Dec. 23.

Alstom said the program would concern as many as 91.5 million shares or 29.5 percent of its shareholder capital, at 35 euros a share.

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