BASF launches share buyback program worth up to EUR 1 billion

Reuters2026/08/03 06:09

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BASF launched a share buyback program starting Aug. 3, 2026, targeting up to EUR 1 billion of shares for cancellation.
Program cap set at 77 million shares, with purchases due to finish by April 30, 2027.
Authorization allows repurchases of up to 10% of share capital through April 29, 2031, equal to 89 million shares at the resolution date.
Company already bought back 12 million shares in May–June 2026 for cancellation under the same authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BASF SE published the original content used to generate this news brief via EQS News (Ref. ID: CMS_2375836_en) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BASF launches share buyback program worth up to EUR 1 billion

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