Air Liquide, FR0000120073

Air Liquide sets 2030 targets as Air Liquide stock sits 7.14 percent below its high

Published on 10/12/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BEYOND sets a EUR 4.00 billion buyback through 2028. Air Liquide stock was EUR 169.24 on October 12, 2026, 7.14 percent below EUR 182.26.

Key points in brief

Air Liquide unveiled its BEYOND plan on October 5, 2026, including a EUR 4.00 billion buyback for 2027-2028.
The strategy targets 10.00 percent annual growth in recurring net earnings per share through 2030.
Air Liquide stock was EUR 169.24 at Lang & Schwarz on October 12, 2026, 7.14 percent below its EUR 182.26 52-week high.
The company is scheduled to publish third-quarter 2026 revenue on October 29, 2026.

Flatlay mit Gasflaschen, Druckmessgerät, Handschuhen und ISIN-Karte FR0000120073 — Air Liquide S.A. Flatlay mit Gasflaschen, Manometer, Schutzhandschuhen, Aktien-Zertifikat und ISIN-Karte FR0000120073, Illustration mit AI erstellt.

Air Liquide (FR0000120073) stock was trading at EUR 169.24 at Lang & Schwarz on October 12, 2026 at 9:54 a.m. CEST, 7.14 percent below its EUR 182.26 52-week high. The company had unveiled its BEYOND strategy on October 5, 2026, with a EUR 4.00 billion share buyback planned for 2027-2028, according to Air Liquide.

Three milestones shape BEYOND

Air Liquide's new plan targets 10.00 percent compound annual growth in recurring net earnings per share through 2030, with a plus or minus 2.00 percentage point range. It also sets a recurring return on capital employed above 11.00 percent in 2030 and targets sales growth of 5.00 percent annually, according to the October 5 release.

The capital framework totals more than EUR 40.00 billion for 2026-2030, while industrial investment decisions are planned at EUR 24.00 billion. More than half of the broader allocation is earmarked for industrial investment and acquisitions, linking the shareholder-return plan to capacity expansion.

What does the 10.00 percent target mean?

The target is a recurring earnings-per-share objective rather than a revenue promise. The plan pairs it with operating-margin improvement of 400 to 600 basis points through 2030, giving investors two measurable operating levers beyond the EUR 4.00 billion buyback.

Chronology adds a near-term date

On July 28, 2026, Air Liquide reported first-half 2026 revenue of EUR 13.83 billion, up 0.80 percent on a reported basis, according to Capital.com. On October 5, the company announced the EUR 4.00 billion buyback and the 10.00 percent recurring earnings-per-share target. On October 7, Air Liquide set October 29, 2026, for publication of third-quarter 2026 revenue in an official release.

Dates investors can mark

Air Liquide scheduled third-quarter 2026 revenue for October 29, 2026. The next major capital-allocation milestone is the planned start of the buyback in 2027.

Stock remains below its yearly high

The EUR 169.24 Lang & Schwarz price on October 12, 2026, leaves Air Liquide stock 7.14 percent below the EUR 182.26 52-week high. The primary listing is Euronext Paris, where the ticker is AI.PA and the reported market capitalization was EUR 107.7 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Air Liquide stock.