Havas renews €50m share buyback programme
Havas has renewed its share buyback programme following shareholder approval at the company’s annual general meeting on 13 May 2026.
The programme began on 14 May 2026 and will run until the company’s next annual general meeting in 2027. Havas has allocated a maximum of €50 million to the repurchase plan.
Buyback covers up to 10 percent of share capital
Under the programme, Havas may acquire up to 9,918,114 ordinary shares, representing 10 percent of the company’s issued share capital at the date of the annual general meeting.
The programme will be executed by an independent broker, which will purchase shares without interference from the company and in line with market conditions, regulatory requirements and the shareholder mandate.
Purchases may take place on Euronext Amsterdam, through multilateral trading facilities or via block trades.
Shares may support incentives or capital reduction
Havas said repurchased shares could be used to reduce the company’s share capital or support short- and long-term employee and management incentive plans.
The company added that it will provide updates on the progress of the programme in accordance with applicable regulations and will publish disclosures through the regulated information section of its website.
Programme may be amended or suspended
Havas stated that the buyback programme may be suspended, modified or terminated at any time, with any changes to be disclosed in line with legal and regulatory obligations.
The programme is being conducted under the authorisation granted by shareholders and in accordance with the EU Market Abuse Regulation and related delegated regulations.
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