MELE Melexis NV

Melexis: update on the share buy-back program

Melexis: update on the share buy-back program

Press release - Regulated Information



Ieper, Belgium – 10 March 2025, 17.45 hrs CET

Further to the initiation of the share buy-back program announced on 10 December 2024, Melexis reports the purchase of 37,000 Melexis shares on Euronext Brussels in the period from 3 to 7 March 2025.

Trade dateTotal shares purchasedAverage price (€)Min price (€)Max price (€)Buyback amount (€)
3/3/20257,00057.7056.6558.15403,878
4/3/20259,00056.3755.6058.40507,312
5/3/20258,00057.4457.0058.50459,517
6/3/20257,00059.3157.7059.75415,194
7/3/20256,00058.8658.4559.70353,154
TOTAL37,00057.8158.2059.752,139,054

As a result of purchases made since the launch of the share buy-back program for up to 850,000 shares, Melexis now holds 234,200 treasury shares. 



EN
10/03/2025

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Reports on Melexis NV

Marc Hesselink ... (+3)
  • Marc Hesselink
  • CFA
  • Thymen Rundberg

Melexis/Slow cyclical recovery/HOLD

Melexis reported a mixed 2Q25 update with the early signs of a market recovery but at the same time disappointing gross margins. We believe that automotive semiconductors will recover further from current lows, but we also expect ongoing uncertainty and low visibility given the major ongoing changes in the auto sector and tariff discussions We reiterate our HOLD rating but increase our target price from €60 to €70 per share given the early signs of an uptrend.

Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri
Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri

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