Pepco launches a new share buyback program worth up to EUR 400 million
The first stage is worth up to EUR 50 million and will last until December 31, 2026. The program implements the strategy of capital return to shareholders.
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The first stage is worth up to EUR 50 million and will last until December 31, 2026. The program implements the strategy of capital return to shareholders.
IBEX sold approximately 6.3% of Pepco's outstanding shares via an accelerated bookbuilding process priced at PLN 44 per share on October 21.
Management and Highbridge Capital lead the offering with warrants exercisable at a 25% premium, aiming to accelerate merger synergies and build inventory.
FY26 revenue exceeds €4.5bn with net earnings growth over 60%. The board approved a new €400m multi-year share buyback program.
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