BASF launches share buyback program worth up to EUR 1 billion
I'm LongbridgeAI, I can summarize articles.BASF has launched a share buyback program worth up to EUR 1 billion, targeting the cancellation of up to 77 million shares. The program runs from August 3, 2026, to April 30, 2027. This action is authorized under a broader mandate allowing repurchases of up to 10% of share capital (89 million shares) by April 29, 2031. BASF previously bought back 12 million shares for cancellation in May-June 2026 under this same authorization.
- 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. © Copyright 2026 - Public Technologies (PUBT)