Materialise Expands Share Buyback, Reaches 1.1% of Outstanding Shares by Early May 2026

Tip Ranks
2026.05.11 20:29
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Materialise (MTLS) has expanded its share buyback program, reaching 1.1% of its outstanding shares by early May 2026. The company repurchased 44,893 shares for EUR 209,653 between May 4 and May 8, 2026, totaling 673,973 shares since the program began on January 26, 2026. The buyback, capped at EUR 30 million, reflects management's confidence in the company's valuation. Analysts rate MTLS as a Buy with a price target of $8.10, while TipRanks' AI Analyst gives it a Neutral score due to mixed financial performance. Materialise specializes in 3D printing software and services.