BuybackJul 27, 2026, 04:06 PM
Materialise Suspends Share Buyback Program; Repurchased 2.0% of Shares
AI Summary
Materialise NV reported on the progress of its share buyback program, disclosing the purchase of 48,806 shares for EUR 280,703 between July 20-24, 2026. Since its inception on January 26, 2026, the company has repurchased 1,206,380 shares, totaling EUR 6,013,083, which accounts for 2.0% of outstanding shares. The company announced the suspension of the program after July 25, 2026, due to the inability to renew authorization during a closed period, with an intention to restart on August 31, 2026.
Key Highlights
- Materialise repurchased 48,806 shares between July 20-24, 2026.
- The shares were bought at an average price of EUR 5.75 for a total of EUR 280,703.
- Since the program started on January 26, 2026, 1,206,380 shares have been bought back.
- Total expenditure on the buyback program is EUR 6,013,083 (USD 7,006,543).
- The repurchased shares represent 2.0% of the total shares outstanding.
- The share buyback program is suspended following trading on July 25, 2026.
- Suspension is due to the authorization not being renewable during the applicable closed period.
- The company intends to restart the program on August 31, 2026, subject to renewal and conditions.
Price Impact
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