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 – 16 December 2024, 17.45 hrs CET

Further to the initiation of the share buy-back program announced on 10 December 2024, Melexis reports the purchase of 19,300 Melexis shares in the period from 11 December 2024 until 13 December 2024.

Trade dateTotal shares purchasedAverage price (€)Min price (€)Max price (€)Buyback amount (€)
11/12/20246,20059.3758.8060.20368,067
12/12/20246,50058.7558.4059.75381,895
13/12/20246,60058.4358.2058.85385,639
TOTAL19,30058.8458.2060.201,135,601


EN
16/12/2024

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Reports on Melexis NV

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Melexis We want to be ahead of the re-rating of automotive semiconduct...

Due to the ongoing inventory correction, automotive and industrial chip companies like Melexis are currently under-shipping relative to their end-demand levels. This has led to temporarily depressed sales and gross margins. However, we expect their earnings to rebound into 2H25E and FY26. We anticipate that the stock market will look beyond the current weakness and begin pricing in the higher FY26E earnings levels over the next 4 quarters. Melexis is currently experiencing most of its weakness f...

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 PRESS RELEASE

Melexis: update on the share buy-back program

Melexis: update on the share buy-back program Press release - Regulated Information Ieper, Belgium – 7 January 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 6,000 Melexis shares on 30 December 2024. Trade dateTotal shares purchasedAverage price (€)Min price (€)Max price (€)Buyback amount (€)30/12/20246,00056.1255.8056.40336,710TOTAL6,00056.1255.8056.40336,710

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