Materialise (NASDAQ: MTLS) details progress of EUR 30m share buy-back
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Materialise NV provides an update on its ongoing share buy-back program of up to EUR 30 million. During the period from 29 June 2026 through 3 July 2026, the company repurchased 9,745 shares at an average price of 6.29 EUR, for a total of 61,341 EUR.
Since the program began on 26 January 2026, Materialise has bought back 1,080,342 shares for 5,271,605 EUR (approximately 6,159,996 USD), representing 1.8% of its total shares outstanding. All purchases were executed on NASDAQ through the central order book, with no cross or block trades.
Positive
- None.
Negative
- None.
Key Figures
Buy-back program size: EUR 30 million
Weekly shares repurchased: 9,745 shares
Weekly repurchase cost: 61,341 EUR
+5 more
8 metrics
Buy-back program size
EUR 30 million
Maximum amount authorized under share buy-back program
Weekly shares repurchased
9,745 shares
Period 29 June 2026 to 3 July 2026
Weekly repurchase cost
61,341 EUR
Cost for 9,745 shares in reported week
Average weekly price
6.29 EUR/share
Average repurchase price over the reported week
Cumulative shares repurchased
1,080,342 shares
Since 26 January 2026 program start
Cumulative repurchase cost (EUR)
5,271,605 EUR
Total consideration for 1,080,342 shares
Cumulative repurchase cost (USD)
6,159,996 USD
USD equivalent of cumulative buy-backs
Percentage of shares outstanding
1.8%
Repurchased shares as portion of total shares outstanding
Key Terms
share buy-back program, independent financial intermediary, central order book, cross trades, +2 more
6 terms
independent financial intermediary financial
"Materialise has granted a discretionary mandate to an independent financial intermediary to repurchase Materialise shares."
central order book financial
"9,745 shares were repurchased through the central order book of the following exchanges"
cross trades financial
"No shares were repurchased through cross trades or block trades."
block trades financial
"No shares were repurchased through cross trades or block trades."
A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.
FAQ
What are the total buybacks so far under Materialise’s (MTLS) program?
Since 26 January 2026, Materialise has repurchased 1,080,342 shares. The total consideration is 5,271,605 EUR, equivalent to about 6,159,996 USD, and this repurchased amount represents 1.8% of its total shares outstanding.