Pepco completes its €400 million share buyback settlement
The company acquired over 36 million ordinary shares at PLN 47.52 each, which will become treasury shares before potential cancellation to reduce issued capital.
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European discount variety retailer
pepco.euLast updated
In short: Pepco completed a €400 million share buyback, divested its Dealz Poland unit, and raised its financial outlook for 2026.
The company acquired over 36 million ordinary shares at PLN 47.52 each, which will become treasury shares before potential cancellation to reduce issued capital.
The revised pro-rata buyback of up to €400 million offers a 6% premium over the recent VWAP, settling on 17 August 2026.
The buyback aims to return surplus capital to shareholders while maintaining strategic flexibility.
The deal includes an 18-month vendor financing facility and Pepco retains 35% of future sale proceeds.
Modella Capital, the retail investor that owns TGJones and Hobbycraft, is said to be among the...
In August, the Pepco Group finalised a share buyback programme under which it acquired 36,462,201 shares at a price of PLN 47.52 per share, for...
The bargain retailer recently underwent a massive overhaul that was completed in January 2026.
Monday's session on the Warsaw Stock Exchange was marked by slight profit-taking. The mWIG40 set a historical record, and the market awaits results from KGHM, PZU and Dino Polska.
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