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PARIS - French communications group Havas N.V. (EURONEXT:HAVAS) has repurchased 647,333 of its own shares between September 15 and September 19, 2025, at an average price of €1.54 per share, according to a company statement. Currently trading at $1.82, InvestingPro analysis suggests the stock is undervalued, with a P/E ratio of 9.12 and trading below book value.
The share repurchases are part of a €50 million buyback program that was announced on May 28, 2025. Since the program’s inception, Havas has repurchased a total of 10,747,185 shares for approximately €1.5 million.
The company reports the progress of its share buyback program on a weekly basis on its corporate website.
Founded in 1835, Havas is one of the world’s largest communications groups with approximately 23,000 employees operating in more than 100 markets globally. The company has developed an integrated strategy and operating system called "Converged" that combines its expertise, tools and capabilities to create marketing solutions.
The Paris-based company provides communications, media, and marketing services to clients across various industries. Havas operates through a village model where teams work together to provide clients with tailored solutions.
The information in this article is based on a press release statement from Havas N.V.
In other recent news, Havas reported its financial results for the second quarter of 2025, highlighting a net revenue of €1,346 million, which represents a 2.9% increase compared to the previous year. The company’s adjusted EBIT also saw an 8.3% rise, reaching €144 million. These figures indicate steady growth despite facing some regional challenges. Additionally, Havas has been actively participating in its €50 million share buyback program, initially announced on May 28, 2025. Recently, the company repurchased 490,126 shares between September 1 and September 5, 2025, at an average price of €1.5164 per share. This was followed by another buyback of 342,548 shares at an average price of €1.51 between September 8 and September 12, 2025. These buybacks are part of Havas’s ongoing efforts to manage its capital structure effectively.
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