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PARIS - Advertising and communications group Havas N.V. (EURONEXT:HAVAS) has repurchased 623,152 of its own shares between September 29 and October 3, 2025, at an average price of €1.5458 per share, according to a company statement. The company, currently valued at $1.7 billion, trades at an attractive P/E ratio of 9.12x and offers a substantial dividend yield of 5.43%.
The latest transactions are part of Havas’s €50 million share buyback program that was announced on May 28, 2025. The company reports that since the program’s inception, it has repurchased a total of 11,732,622 shares for a total consideration of €1.5033. According to InvestingPro analysis, Havas demonstrates strong financial health with a robust free cash flow yield of 17%, suggesting efficient capital allocation.
The Paris-based communications group 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. The company offers integrated communications services through its "Converged" operating system, which combines expertise in creative, media, and technology solutions for clients.
The share repurchase program represents one of the company’s ongoing capital allocation strategies. Share buybacks typically allow companies to return value to shareholders by reducing the number of outstanding shares in the market.
In other recent news, Havas has reported its financial results for Q2 2025, showing a steady increase in revenue and profitability. The company achieved net revenue of €1,346 million, representing a 2.9% year-on-year growth, while its adjusted EBIT increased by 8.3% to €144 million. Alongside these financial updates, Havas continues its €50 million share buyback program, initially announced on May 28, 2025. Between September 22 and September 26, 2025, Havas repurchased 362,285 shares at an average price of €1.55 per share. Earlier, from September 15 to September 19, the company bought back 647,333 shares at an average price of €1.54 per share. Additionally, between September 8 and September 12, Havas acquired 342,548 shares at an average price of €1.51. From September 1 to September 5, 490,126 shares were repurchased at an average price of €1.5164. These transactions are part of the ongoing strategy to strengthen shareholder value.
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