Air Liquide shares rise as Elliott stake and buyback talk circulate
Air Liquide SA shares rose after reports Elliott Investment built a stake and engaged to boost margins and competitiveness. Bernstein said the company may unveil up to €6 billion in buybacks at next month’s investor day.
Air Liquide SA (EURONEXT:AI) shares rose after reports that Elliott Investment has built a stake and is engaging with the company to push for higher margins and greater competitiveness. Bernstein said the company may announce up to €6 billion in buybacks at next month’s investor day, a step traders said could affect supply and the stock’s performance.