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Magnum Ice Cream completes €22.8m share buyback

The Magnum Ice Cream Company repurchased 1.36 million shares for €22.8 million to fulfill long-term incentive obligations. The buyback was executed across three trading venues over four days.

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Priya Anand · Equities & Earnings Desk · 24 Aug 2026 · 09:50 · 1 min read
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Magnum Ice Cream completes €22.8m share buyback

The Magnum Ice Cream Company N.V. completed a share buyback program valued at €22.78 million, acquiring 1,359,487 ordinary shares between August 18 and August 21, 2026.

The buyback, executed via forward contracts, was conducted to meet obligations under the company’s long-term incentive plans. Magnum Ice Cream had previously announced plans to purchase up to 5.5 million shares through such contracts.

Daily trading data showed the company acquired shares at varying average prices. On August 18, 2026, it purchased 254,441 shares at €16.46 per share for €4.19 million. The following day, 406,707 shares were bought at €16.72 each, totaling €6.80 million. On August 20, the company acquired 309,896 shares at €16.82 per share for €5.21 million. The program concluded on August 21 with the purchase of 388,443 shares at €16.95 each, amounting to €6.58 million.

Trades were executed across three venues: Euronext (829,174 shares), CBOE DXE (420,492 shares), and Turquoise Europe (109,821 shares). The company operates in 80 markets globally and employs 19,000 people.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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