Detailed Report on Recent Regulatory Disclosures by Tikehau Capital
Share Structure Update (30 June 2026)
Tikehau Capital (Paris: TKO) released a regulatory notice detailing its share and voting‑right composition as of 30 June 2026. According to the French commercial code (Article L. 233‑8 II) and the General Regulations of the Financial Markets Authority (Article 223‑16), the company held:
- Total shares: 176,528,611
- Total voting rights (notional): 176,528,611
- Exercisable voting rights: 172,828,101
The notional voting rights reflect all rights attached to shares, including those with no voting rights (e.g., treasury shares). Exercisable voting rights are calculated after excluding shares that are not entitled to vote at shareholder meetings. These figures are in compliance with Article 223‑11 of the General Regulations.
Share‑Repurchase Activity (26 June 2026 – 2 July 2026)
Tikehau Capital disclosed its share‑repurchase transactions under Article 5 of EU Regulation n° 596/2014 (Market Abuse Regulation). The aggregated data for the period are:
| Trading Day | ISIN | Aggregated volume (shares) | Weighted average price (EUR) |
|---|---|---|---|
| 26 Jun 2026 | FR0013230612 | 52,424 | 16.4107 |
| 26 Jun 2026 | FR0013230612 | 596 | 16.3449 |
| 29 Jun 2026 | FR0013230612 | 1,441 | 16.6309 |
| 29 Jun 2026 | FR0013230612 | 350 | 16.5994 |
| 30 Jun 2026 | FR0013230612 | 1,976 | 16.5982 |
| 30 Jun 2026 | FR0013230612 | 350 | 16.5800 |
| 07 Jan 2026 | FR0013230612 | 2,112 | 16.7228 |
| 07 Feb 2026 | FR0013230612 | 54,941 | 17.1494 |
The total volume purchased over the week was 114,190 shares at an average price of 16.7787 EUR. Transactions were executed on the Paris market (XPAR) and on the CEUX market.
Market Context
- Close price (2 July 2026): 17.38 EUR
- 52‑week high: 21.00 EUR (15 July 2025)
- 52‑week low: 14.58 EUR (17 Nov 2025)
- Market capitalization: 3.01 billion EUR
- Price‑to‑earnings ratio: 75.57
These figures indicate a relatively high valuation multiple, suggesting that investors may be pricing in future growth potential or that earnings are currently suppressed.
Summary
Tikehau Capital has maintained a stable share structure with a slight reduction in exercisable voting rights due to treasury holdings. The company engaged in modest share‑repurchase activity during the first week of July 2026, buying a total of 114,190 shares at an average price of 16.78 EUR. The close price of 17.38 EUR and a high price‑to‑earnings ratio reflect the current market perception of the firm’s valuation relative to its earnings.
