Share‑repurchase programme and related corporate developments
Share repurchases announced for 31 October – 6 November 2025
On 7 November 2025, Tikehau Capital disclosed the details of a short‑term share‑repurchase programme carried out between 31 October and 6 November 2025. Under Article 5 of the EU Market Abuse Regulation (n° 596/2014), the issuer published the following aggregated data on its website (https://www.tikehaucapital.com/fr/shareholders/regulatory-information) :
| Date | ISIN | Volume (shares) | Weighted‑average price (€) |
|---|---|---|---|
| 31 Oct | FR 0013230612 | 1 030 | 18.1807 |
| 03 Nov | FR 0013230612 | 1 878 | 18.1041 |
| 04 Nov | FR 0013230612 | 3 388 | 17.7026 |
| 05 Nov | FR 0013230612 | 598 | 17.3076 |
| 06 Nov | FR 0013230612 | 1 091 | 17.4978 |
The programme involved the repurchase of 7 985 shares at a cumulative average price of €17.80 per share. This activity reduces the number of shares outstanding, potentially increasing earnings per share and supporting the share price, which closed at €17.42 on 5 November 2025.
Corporate financing of Labomar
In the same week, Tikehau Capital announced a €120 million bond issuance to fund the Italian nutraceutical group Labomar. Labomar’s strategy for 2025‑2028 includes the completion of its L6 Hub in Istrana, the expansion of its Canadian subsidiary, and entry into high‑potential foreign markets. The loan is linked to ESG objectives and also supports the acquisition of Finland‑based Pharmia Holding, consolidating Labomar’s presence in Italy and abroad.
Commentary at the Bloomberg Global Credit Forum
Earlier that week, Vice Chairman Bruno de Pampelonne joined a Bloomberg fireside chat with Amova Asset Management’s President/CEO Stefanie Drews in Tokyo. The discussion centred on “new flows” that indicate a de‑dollarisation trend in global credit markets. Although the dialogue did not focus on Tikehau’s own portfolio, it reflects the broader context in which the firm operates: a shift toward euro‑denominated debt and a growing appetite for ESG‑aligned assets.
Shareholder structure update
On 4 November 2025, Tikehau reported its voting‑rights structure as of 31 October:
- Total shares: 175 247 840
- Total voting rights: 175 247 840 (notional)
- Exercisable voting rights: 172 347 356
The reduction of treasury shares (which carry no voting rights) is reflected in the lower exercisable figure, ensuring that shareholders retain proportional influence on corporate decisions.
These events illustrate Tikehau Capital’s active management of its equity base, its commitment to ESG‑focused lending, and its engagement with market‑wide macro‑trends such as de‑dollarisation. The share‑repurchase programme, in particular, signals confidence in the company’s valuation and may influence future investor sentiment as the share price continues to oscillate within the 52‑week range of €16.86 to €23.10.
