April 9, 2013 / 7:43 AM / 4 years ago

EADS says bought back 1.6 pct of own shares for 500 mln euros

PARIS, April 9 (Reuters) - Airbus parent EADS said on Tuesday that it had bought back 1.6 percent of its shares for 500 million euros ($651 million) as media group Lagardere was selling its stake in a private placement announced late Monday.

Both moves had previously been laid out as part of a wider plan to overhaul EADS’ ownership structure. ($1 = 0.7682 euros) (Reporting by Christian Plumb; Editing by Elena Berton)

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