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BASF to Launch EUR1 Billion Share Buyback Program in August

MT Newswires·07/29/2026 00:53:35
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12:53 AM EDT, 07/29/2026 (MT Newswires) -- BASF (BAS.F) said Wednesday it will repurchase up to 1 billion euros of its shares from August 2026 through April 2027. The new program is part of the German chemicals company's allocation of 4 billion euros for share buybacks through the end of 2028 as part of its Winning Ways strategy. The company intends to cancel all the shares it will purchase under the scheme to reduce its share capital.