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Magnum Ice Cream completes €22.8M share buyback of 1.4M shares

The company acquired 1.36 million shares between Aug 18-21, 2026, at an average price of €16.75 per share across Euronext, CBOE DXE, and Turquoise Europe.

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Priya Anand · Equities & Earnings Desk · 24 Aug 2026 · 10:59 · 1 min read
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Magnum Ice Cream completes €22.8M share buyback of 1.4M shares

Magnum Ice Cream Company N.V. (MICC) has completed the acquisition of 1,359,487 ordinary shares through forward contracts, representing approximately 1.4 million shares as reported. The buyback, conducted between August 18 and August 21, 2026, totaled €22.78 million at an average price of €16.75 per share.

The program was executed across multiple trading platforms, with Euronext accounting for the majority of shares repurchased at 829,174 units. CBOE DXE facilitated 420,492 shares, while Turquoise Europe handled 109,821 shares. Daily expenditures ranged from €4.19 million to €6.80 million, reflecting the volume and pricing on each day of the program.

The buyback aligns with MICC’s long-term incentive plans, which were announced on August 18, 2026, with a stated intention to acquire up to 5.5 million shares through forward contracts. The company operates in 80 markets and employs 19,000 people globally.

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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