Melexis Announces Purchase of 34,000 Shares in March 2025 as Part of Share Buy-back Program
Ieper, Belgium – March 31, 2025, 17:45 hrs CET
In a recent press release, Melexis, a leading provider of semiconductor solutions, reported the purchase of 34,000 shares on Euronext Brussels between March 24 and March 28, 2025. This announcement comes as part of the share buy-back program initiated on December 10, 2024, allowing the company to repurchase up to 850,000 shares.
Details of the Share Purchases
The table below summarizes the details of the share purchases made during the mentioned period:
| Date | Number of Shares | Average Price (€) | Min Price (€) | Max Price (€) | Buyback Amount (€) |
|---|---|---|---|---|---|
| 24/3/2025 | 6,000 | 56.83 | 56.10 | 57.10 | 340,987 |
| 25/3/2025 | 6,000 | 57.35 | 56.70 | 57.75 | 344,074 |
| 26/3/2025 | 7,000 | 56.06 | 55.70 | 57.30 | 392,392 |
| 27/3/2025 | 9,000 | 54.16 | 53.90 | 55.45 | 487,471 |
| 28/3/2025 | 6,000 | 53.53 | 53.10 | 54.50 | 321,167 |
| Total | 34,000 | 55.47 | 53.10 | 57.75 | 1,886,090 |
Impact on Melexis
As a result of these purchases, Melexis now holds 337,200 treasury shares. The company may choose to use these shares for various purposes, such as issuing employee stock options, capitalizing on strategic opportunities, or offsetting dilution from stock issuances.
Impact on Shareholders and Investors
Share buy-back programs can be beneficial for shareholders and investors in several ways:
- Reduction of outstanding shares: A buy-back reduces the total number of shares available, leading to an increase in the earnings per share (EPS).
- Price support: Buy-backs can help support the stock price by reducing the supply of shares available on the market.
- Dividend reinvestment: Shareholders can choose to reinvest their dividends in the form of repurchased shares, which can lead to long-term capital appreciation.
- Sign of confidence: A buy-back program can be seen as a sign of confidence from the company in its own stock and future prospects.
Impact on the Market and Economy
Share buy-backs can also have broader implications for the market and the economy:
- Impact on liquidity: Large buy-back programs can reduce the overall liquidity of a stock, potentially impacting trading volumes and prices.
- Impact on interest rates: Buy-backs can put downward pressure on interest rates by reducing the amount of shares available for collateral in the repo market.
- Impact on earnings: Buy-backs can impact earnings growth, as companies are using cash that could potentially be used for other purposes such as research and development or debt reduction.
Conclusion
Melexis’ announcement of the purchase of 34,000 shares in March 2025 as part of its share buy-back program highlights the company’s ongoing commitment to its stock and its belief in its future prospects. The impact of this buy-back on shareholders, investors, the market, and the economy remains to be seen, but the potential benefits are clear.
As always, investors should conduct their own due diligence and consider their individual investment objectives and risk tolerance before making any investment decisions based on this information.
