HBX Group announces share buy-back dividends commencement

Move will return cash to shareholders

HBX Group has unveiled its intention to return cash to shareholders through a share buy-back programme and the commencement of payment of regular dividends. 

These latest moves have been made in a bid to return capital to shareholders.

The firm wants up to €100 million to be returned through a share buy-back programme to purchase equity interests in the Company’s ordinary shares.

While this remains subject to shareholder approval at its AGM, held next month, it's said the buy-back will be executed by Bank of America during FY26 and FY27.

The Group intends to commence regular dividends, starting with an interim dividend for FY 2026, based on a targeted 20% annual pay-out ratio of Group Adjusted Earnings (as per Alternative Performance Measures in the Group’s Full Year Financial Accounts), subject to the availability of distributable profits and reserves.

Nicolas Huss, chief executive officer, said: “Our strong financial profile and operating free cash flow conversion give us the flexibility to invest in growth while returning significant cash to our shareholders. 

"This planned return reflects our confidence in the Group’s strategy and future prospects, and our conviction in the underlying strength of our business.”