Air Liquide announces buyback and margin targets

Air Liquide announced a four billion euro share buyback and a target to raise operating margins by 2030. The new strategy focuses on semiconductor growth in the Americas while maintaining room for acquisitions.

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FILE PHOTO: The logo of Air Liquide is seen at a hydrogen station in Paris, France, October 24, 2024. REUTERS/Sarah Meyssonnier/File Photo

AIR LIQUIDE SA plans a €4 billion ($4.5 billion) share buyback and aims to raise operating margins by 400 to 600 basis points by 2030. The industrial gases provider outlined its new capital allocation plan on Monday morning. The strategy balances shareholder returns with targeted investments in faster-growing tech sectors.

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