Moog Extends Share Buyback Scheme

Controls manufacturer Moog is more than doubling the number of shares it is buying back from shareholders. The firm, which supplies components to Airbus, Boeing and the aftermarket sector, announced in January that it was to buy back four million shares. Moog has now confirmed that it plans to buy a further five million shares before the end of the year. In July, Moog confirmed that its sales to the commercial aircraft aftermarket were up 20 per cent year on year.

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