NORMA Group Completes EUR 208 Million Share Buyback

NORMA Group, a leader in connecting technology, has successfully concluded its second public share buyback offer. The initiative involved the repurchase of approximately EUR 208 million worth of shares, comprising 29.21% of its current share capital. This move follows the company's strategic divestment of its Water Management business, aiming at a EUR 260 million capital return to shareholders.

The offer attracted robust interest, with 19.5 million shares tendered, surpassing the company's target of 9.3 million shares. Consequently, NORMA Group will cancel these shares, boosting the value of remaining stock. The complete payment for purchased shares is scheduled by September 24, 2026.

The firm plans a strategic update on October 19, 2026, to outline mid-term objectives and capital allocation strategies. CEO Birgit Seeger emphasized aligning NORMA Group for growth, operational excellence, and transforming into a high-performance industrial powerhouse.