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PARIS - French communications group Havas N.V. (EURONEXT:HAVAS), currently trading at €1.83 with a market capitalization of €1.78 billion, acquired 362,285 of its own shares between September 22 and September 26, 2025, at an average price of €1.55 per share, according to a company statement. InvestingPro analysis suggests the stock is currently undervalued, with a notably low P/E ratio of 9.12.
The transactions are part of the €50 million share repurchase program that Havas announced on May 28, 2025.
Since the program’s inception, the company has bought back a total of 11,109,470 shares for a combined consideration of €1.50 million.
Havas, founded in 1835 in Paris, provides weekly updates on the progress of its share buyback program every Monday on its corporate website.
The company operates in over 100 markets globally with approximately 23,000 employees. Havas implements an integrated strategy called "Converged" that combines its expertise, tools and capabilities to create marketing solutions for clients.
The share repurchase information was disclosed in a regulatory press release issued by the company.
In other recent news, Havas N.V. reported its financial results for the second quarter of 2025, demonstrating a steady increase in both revenue and profitability. The company’s net revenue reached €1,346 million, reflecting a 2.9% increase compared to the previous year, while adjusted EBIT grew by 8.3% to €144 million. Additionally, Havas has been active in its share buyback program, which is part of a €50 million initiative announced earlier in the year. Between September 15 and September 19, 2025, Havas repurchased 647,333 shares at an average price of €1.54 per share. This follows previous buybacks, including 342,548 shares repurchased between September 8 and September 12, 2025, at an average price of €1.51 per share. Earlier in the month, from September 1 to September 5, 2025, Havas repurchased 490,126 shares at an average price of €1.5164 per share. These buybacks contribute to a total of 10,747,185 shares repurchased since the program’s inception.
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