HBX Group Announces up to €100 Million Share Buy-back and Intention to Commence Regular Dividends
In addition, the Group intends to commence regular dividends, starting with an interim dividend for FY 2026, based on a targeted 20% annual pay-out ratio of Group Adjusted Earnings (as per Alternative Performance Measures in the Group's Full Year Financial Accounts), subject to the availability of distributable profits and reserves.
Both of these cash return commitments are in line with the Group's disciplined capital allocation strategy, as communicated in the Group's FY25 results: to invest in growth, maintain appropriate leverage, targeting adjusted net debt to adjusted EBITDA between 1 to 2 times, and return excess cash to shareholders,
Details of the buy-back programme
The Buy-back Programme will be carried out in accordance with the authorisation granted by shareholders at the 2026 AGM.
The Shares repurchased will be cancelled or allocated to satisfy the Company's obligations under its existing employee share schemes.
The maximum investment in the Buy-back Programme will be €100m and, in no case, may the maximum number of Shares to be acquired under it exceed 17,000,000 Shares, representing approximately 7% of the Company's issued share capital.
For the complete press release, including full details of the buy-back programme and disclaimer applicable to this information, please visit www.investors.hbxgroup.com
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