Melexis Reports Progress in Share Buy-back Program: Purchased 37,000 Shares in March 2025
Ieper, Belgium – In a recent press release, Melexis N.V. announced the purchase of 37,000 Melexis shares on Euronext Brussels between 3 and 7 March 2025. This update comes as part of the share buy-back program initiated on 10 December 2024, with the intention to buy back up to 850,000 of the company’s shares.
Details of the Share Purchases
The table below shows the details of the shares purchased during the specified period:
| Date | Number of Shares | Average Price (€) | Min Price (€) | Max Price (€) | Buyback Amount (€) |
|---|---|---|---|---|---|
| 3/3/2025 | 7,000 | 57.70 | 56.65 | 58.15 | 403,878 |
| 4/3/2025 | 9,000 | 56.37 | 55.60 | 58.40 | 507,312 |
| 5/3/2025 | 8,000 | 57.44 | 57.00 | 58.50 | 459,517 |
| 6/3/2025 | 7,000 | 59.31 | 57.70 | 59.75 | 415,194 |
| 7/3/2025 | 6,000 | 58.86 | 58.45 | 59.70 | 353,154 |
| Total | 37,000 | 57.81 | 59.75 | 2,139,054 |
Impact on Melexis
With the recent purchases, Melexis now holds 234,200 treasury shares, which is an increase from the previously reported 207,200 shares. This buy-back program allows the company to reduce its outstanding shares and potentially increase its earnings per share, making each shareholder’s stake in the company more valuable.
Impact on the World
This share buy-back program has no direct impact on the world, but it is an indicator of Melexis’ confidence in its future business prospects. By purchasing its own shares, the company is demonstrating its belief in the value of its stock and potentially signaling to investors that it believes the stock is undervalued. This could lead to increased investor interest and potentially drive up the stock price.
Conclusion
Melexis N.V. has reported the purchase of 37,000 shares as part of its share buy-back program, bringing its total treasury shares to 234,200. This move not only benefits the company by potentially increasing its earnings per share but also signals confidence to investors. While the program has no direct impact on the world, it could lead to increased investor interest and potentially drive up the stock price.
- Melexis N.V. purchased 37,000 shares between 3 and 7 March 2025.
- The company now holds 234,200 treasury shares.
- This buy-back program could lead to increased investor interest and potentially drive up the stock price.
