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PARIS - Havas N.V. (EURONEXT:HAVAS) has repurchased 547,488 shares at an average price of €1.46 between October 6 and October 10, 2025, according to a company statement released Monday. The company, currently trading at $1.73, appears undervalued according to InvestingPro analysis, with a P/E ratio of 9.12 and an attractive dividend yield of 5.64%.
The transactions are part of the €50 million share buyback program that the communications group announced on May 28, 2025.
Since the program’s inception, Havas has repurchased a total of 12,280,110 shares for a total consideration of €1.50 million as of October 10, 2025.
The Paris-based company provides weekly updates on the progress of its share buyback program every Monday on its corporate website.
Havas, founded in 1835, operates in over 100 markets globally with approximately 23,000 employees. With a market capitalization of $1.62 billion, the company provides integrated marketing and communications services through its "Converged" operating system, which combines expertise, tools, and capabilities to create marketing solutions.
The information in this article is based on a press release statement from Havas N.V.
In other recent news, Havas N.V. announced a 10:1 reverse share split of its ordinary shares, set to take effect on November 18, 2025. This move will consolidate the number of issued ordinary shares from 991,811,490 to 99,181,149, while the company’s total issued share capital will remain unchanged at €198,362,298. Additionally, Havas has been active in its €50 million share buyback program, repurchasing 623,152 shares between September 29 and October 3, 2025, at an average price of €1.5458 per share. This effort is part of a broader initiative announced on May 28, 2025, which has seen the company repurchase a total of 11,732,622 shares to date. Earlier transactions include the acquisition of 362,285 shares between September 22 and September 26, 2025, at an average price of €1.55 per share. Furthermore, between September 15 and September 19, 2025, Havas repurchased 647,333 shares at an average price of €1.54. The company also bought back 342,548 shares at an average price of €1.51 between September 8 and September 12, 2025. These activities underscore Havas’s ongoing efforts to manage its share capital effectively.
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