NORMA Group SE has announced a significant share buyback program, signaling a strategic move to return capital to its shareholders. The Management Board has resolved to launch a public offer to repurchase up to 3,186,240 shares, representing 10% of the company’s share capital, at a price of EUR 16.59 per share. This initiative is a direct consequence of the recent sale of the Water Management business unit.
The public share buyback offer is set to commence, allowing shareholders to tender their shares. The offer period is scheduled to begin on February 27, 2026, at 00:00 CET and conclude on March 27, 2026, at 23:59 CET. The total value of this buyback initiative amounts to approximately EUR 52,859,721.60.
This buyback is a direct implementation of measures announced on February 2, 2026, aimed at distributing the financial inflows from the divestment of the Water Management business unit back to the company’s shareholders. The program is authorized by the Annual General Meeting held on May 13, 2025, which permits the repurchase of up to 10% of the share capital until May 12, 2030. Currently, NORMA Group holds no treasury shares.
The shares repurchased through this program can be utilized for various purposes as permitted by the Annual General Meeting’s authorization. This includes the potential cancellation of the shares, further consolidating the company’s capital structure. The detailed terms and conditions of the public share buyback offer will be made available in an official offer document, which will be published on the NORMA Group SE website and subsequently in the German Federal Gazette.