Exor NAV Per Share Down 3.9% In H1, Launches €500 Million Share Buyback Program

By Reuters News

Sept 22 (Reuters) - Exor NV EXOR.AS:

  • ANNOUNCES EUR 500 MILLION SHARE BUYBACK

  • COMPLETED SALE OF ITS DEFENCE BUSINESS TO LEONARDO, TATA MOTORS LAUNCHED ITS TENDER OFFER FOR IVECO GROUP, WITH CLOSING EXPECTED IN NOVEMBER 2026

  • ALSO COMPLETED DIVESTMENTS IN GEDI, LIFENET AND NUO AND REACHED AN AGREEMENT TO SELL ITS STAKE IN WELLTEC

  • IVECO GROUP COMPLETES SALE OF DEFENCE BUSINESS TO LEONARDO

  • EXOR NV - WELLTEC DEAL WILL RETURN A MOIC OF APPROXIMATELY 2.4X AND BRING EXOR DEPLOYABLE CASH TO AROUND EUR 4 BILLION

  • NAV PER SHARE DECLINED 3.9% IN FIRST HALF OF 2026

  • LTV RATIO AT 4.7% IN H1

  • €36 BILLION IN GROSS ASSET VALUE IN H1

Source text: ID: nGNE1hjzkR

Further company coverage: EXOR.AS

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