Safran stock gains 2.38 percent as buyback begins

Safran (ISIN FR0000073272) closed at EUR 330.70 on Euronext Paris on September 21, 2026, gaining 2.38 percent as the aerospace group launched a new EUR 375 million share buyback tranche. The move places the stock below its 52-week high of EUR 366.50 and gives the company a market capitalization of EUR 138.35 billion based on the latest quoted level.

EUR 375 million buyback starts

According to Ad Hoc News on September 21, 2026, Safran began a repurchase tranche of up to EUR 375 million running from September 21, 2026, through November 27, 2027. The tranche represents 7.5 percent of a broader EUR 5.0 billion repurchase authorization.

The buyback is the immediate company-specific driver behind the latest session. It can reduce the number of shares outstanding and support per-share figures, although its effect depends on the pace and price of future purchases rather than on the authorization alone.

H1 revenue reaches EUR 17.245 billion

For the first half of 2026, Ideal Investisseur reported revenue of EUR 17.245 billion, revenue growth of 16.8 percent, EBITDA of EUR 3.410 billion and net income of EUR 1.750 billion. EBITDA margin was reported at 19.8 percent for H1 2026.

The same September 21, 2026 report said Safran raised its 2026 outlook to approximately 15 percent revenue growth, adjusted recurring operating income of EUR 6.4 billion to EUR 6.5 billion, and free cash flow of EUR 4.7 billion to EUR 4.9 billion. The previous ranges were 12 percent to 15 percent revenue growth, EUR 6.1 billion to EUR 6.2 billion operating income and EUR 4.4 billion to EUR 4.6 billion free cash flow, making the revised guidance a quantified comparison with the earlier plan.

Stock remains below yearly high

The September 21 close was EUR 35.80 below the quoted 52-week high of EUR 366.50 and EUR 68.10 above the 52-week low of EUR 262.60. Trading volume reached 413,755 shares, while the session range was EUR 325.10 to EUR 330.80.

Analyst expectations remain above the market level. Ad Hoc News reported on September 21, 2026 that one analyst lowered the price target from EUR 385.00 to EUR 375.00 while maintaining a buy rating. The median consensus target was EUR 389.00, above the same EUR 323.00 reference level cited in that report.

Buyback defines the latest close

Safran stock closed at EUR 330.70 on Euronext Paris on September 21, 2026, with the 2.38 percent daily gain and EUR 375 million repurchase tranche providing the clearest near-term market context. The H1 2026 figures and raised full-year guidance supply the operating counterweight to the capital-return story.

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