NORMA Group Initiates EUR 208 Million Share Buyback

NORMA Group SE has announced a public share buyback offer worth approximately EUR 208 million for up to 9,306,487 shares. The offer, resolved by the Management Board, is set at EUR 22.35 per share, marking a 25.47% premium over the recent average in Xetra trading on the Frankfurt Stock Exchange. The transaction aims to return proceeds from the sale of its "Water Management" business to shareholders.

The buyback period runs from August 17 to September 15, 2026. Shareholders possess the option to sell or acquire tender rights, required for share acceptance based on a 19:6 ratio. Trading of these rights will occur on the Frankfurt Stock Exchange from August 20 to September 10, 2026.

Insiders such as CEO Birgit Seeger and board members Dr. Daniel Heymann and Mark Wilhelms do not intend to tender their shares, though they may sell allocated rights. This action follows the company’s commitment made at the July 2026 Annual General Meeting to reduce share capital.