Exor Launches €1 Billion Share Buyback
Deal News | Mar 26, 2025 | Exor
Exor, a prominent private equity firm, has announced a significant financial maneuver with the launch of a tender offer aimed at repurchasing up to €1 billion in ordinary shares. The initiative comes as part of a broader share buyback program declared in February 2025. This strategic decision, carried out through a reverse Dutch auction, is designed to capitalize on the current market value of Exor, allowing the firm to reinvest in its own shares effectively. The authorization for this tender was secured during Exor's annual general meeting held on 28 May 2024, underscoring the Board's confidence in the company's value and the effectiveness of share buybacks. Following the settlement of the offer, Exor intends to proceed with canceling the repurchased shares, highlighting its commitment to leveraging capital returns to shareholders.
Sectors
- Private Equity
- Investment Management
Geography
- Netherlands – Exor N.V. is incorporated in the Netherlands and the AGM took place there.
Industry
- Private Equity – The industry involved as Exor is a private equity firm undertaking a financial transaction.
- Investment Management – Relevant as the transaction involves Exor managing its capital through a share buyback.
Financials
- €1 billion – The aggregate consideration up to which Exor plans to repurchase its shares.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Exor | PE Firm | Company | Exor is the private equity firm conducting the €1 billion share buyback. |