Market responds favorably to CEWE buyback

Gary Pageau

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The Board of Management of CEWE Stiftung & Co. KGaA resolved to buy back up to 150,000 own shares with a volume of up to 18 million euros via the stock exchange between Sept. 15, 2026 to April 16, 2027, corresponding to around 2.0 percent of the company’s share capital. The company said the buy-back is based on the authorization given by the Annual General Meeting on June 15, 2022, to acquire treasury shares representing a total of up to 10 percent of the capital stock.

According to MarketScreener, the buyback announcement boosted CEWE shares to their highest level in in four years: “Shares in the photo services provider jumped by almost five percent in early trading, reaching €111, their highest level since February 2022. By midday, CEWE shares were still up just under two percent. That put them among the best performers in the SDax small-cap index, which was modestly lower.”

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.