The buyback is proceeding at a measured pace — ~EUR 213K/week average, well below the theoretical max. This suggests management is price-sensitive and not aggressively deploying capital. With only 11% of the authorization used after 16 weeks, the program provides a modest floor but no near-term catalyst. Monitor for acceleration or completion of the full EUR 30M, which would require a significant ramp in pace.
Price Chart
Executive Summary
Materialise provides a weekly update on its EUR 30 million share buyback program. In the week ending May 15, 2026, the company repurchased 74,816 shares at an average price of EUR 4.77, totaling EUR 356,986. Since the program began on January 26, 2026, Materialise has bought back 748,789 shares (1.3% of total shares outstanding) for EUR 3.4 million, signaling a steady but modest return of capital to shareholders.
Key Facts
- Weekly buyback update: 74,816 shares repurchased at avg EUR 4.77 between 11-15 May 2026
- Total consideration for week: EUR 356,986 (USD 418,295)
- Cumulative since Jan 26, 2026: 748,789 shares for EUR 3,399,426 (USD 3,999,747)
- Program authorized up to EUR 30 million — EUR 3.4M utilized to date (~11.3% of authorization)
- Buyback represents ~1.3% of total shares outstanding
- Shares are being purchased on the open market on NASDAQ; no cross or block trades
Financial Impact
EUR 356,986 in weekly buyback; cumulative EUR 3.4M of EUR 30M program executed over ~16 weeks
Risk Factors
- Slow execution pace suggests management may not view current price as a compelling value
- Buyback may be competing with other capital needs (R&D, M&A) noted in the prior 20-F annual report
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001104659-26-063178 |
| Document: tm2614813d1_6k.htm | 0001104659-26-063178 |
| Document: 0001104659-26-063178-index-headers.html | 0001104659-26-063178 |
| Document: 0001104659-26-063178-index.html | 0001104659-26-063178 |
| Document: 0001104659-26-063178.txt | 0001104659-26-063178 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 6-K | $8.65 | awaiting T+20 | — | $8.65 (−0.00%) |
Oct 19, 2026 6d ago | 6-K | $8.21 | awaiting T+20 | — | $8.65 (+5.36%) |
Oct 13, 2026 13d ago | 6-K | $8.13 | awaiting T+20 | — | $8.65 (+6.40%) |
Oct 5, 2026 21d ago | 6-K | $8.56 | awaiting T+20 | — | $8.65 (+1.05%) |
Sep 8, 2026 6w ago | 6-K | $7.46 $8.50 | ▲ +13.94% | ▲ +11.74% | $8.65 (+15.95%) |
Aug 28, 2026 8w ago | 6-K | $7.21 $8.75 | ▲ +21.36% | ▲ +21.73% | $8.65 (+19.97%) |
Jul 20, 2026 14w ago | 6-K | $6.60 $6.69 | ▲ +1.36% | ▼ −1.20% | $8.65 (+31.06%) |
Jul 13, 2026 15w ago | 6-K | $6.77 $6.87 | ▲ +1.48% | ▼ −1.01% | $8.65 (+27.77%) |
Jul 6, 2026 16w ago | 6-K | $7.04 $6.51 | ▼ −7.53% | ▼ −8.86% | $8.65 (+22.87%) |
Jun 29, 2026 17w ago | 6-K | $7.43 $6.44 | ▼ −13.32% | ▼ −12.30% | $8.65 (+16.42%) |
US Market Status
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