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PARIS - Havas N.V. (EURONEXT:HAVAS), currently trading at €1.83 with a market capitalization of €1.73 billion, repurchased 628,910 of its own shares between August 18 and August 22, 2025, at an average price of €1.5148 per share, according to a company statement released Monday.
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 8,629,631 shares at an average price of €1.4928, representing a total investment of approximately €12.9 million based on the reported average price.
The Paris-based company provides weekly updates on the progress of its share repurchase activities on its corporate website every Monday.
Havas, founded in 1835, operates in over 100 markets worldwide with nearly 23,000 employees. The company offers integrated communications services through its "Converged" operating model, which combines creative expertise with data and technology capabilities.
The information in this article is based on a press release statement from Havas N.V.
In other recent news, Havas reported its first-half 2025 financial results, which met most expectations. The company’s EBITA exceeded forecasts, though its unadjusted net income did not meet projections. Despite this, Havas achieved a 2.6% organic growth rate in the second quarter, slightly surpassing the 2.5% anticipated by analysts. Management has decided to maintain its full-year 2025 guidance, which aligns with the company’s initial public offering plans and was reaffirmed during the 2024 full-year results announcement. Additionally, Havas has been actively executing a €50 million share buyback program, initially announced on May 28, 2025. Between August 4 and August 15, 2025, the company repurchased a total of 1,705,858 shares at an average price of approximately €1.4955 per share. These share repurchases indicate Havas’s ongoing commitment to its buyback strategy.
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