Azimut buys back EUR 38.81 million: Azimut stock sits 14.11 percent below its high

Published on 10/22/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azimut bought 1,089,896 shares on October 19, 2026. Azimut stock costs EUR 34.69 on October 22, 2026, below its EUR 40.39 high.

Buyback and flows shape valuation

Azimut purchased 1,089,896 shares between October 12 and October 16, 2026.
September net inflows reached EUR 683.0 million, taking nine-month inflows to EUR 10.9 billion.
Azimut stock trades at EUR 34.69 at 9:46 a.m. CEST at Lang & Schwarz on October 22, 2026.

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Azimut (IT0003261697) bought 1,089,896 of its own shares for EUR 38.81 million between October 12 and October 16, 2026, according to Teleborsa. Azimut stock was trading at EUR 34.69 at Lang & Schwarz on October 22, 2026 at 9:46 a.m. CEST, 14.11 percent below its 52-week high of EUR 40.39. The latest repurchase extends the first tranche of a EUR 250.00 million program.

Buyback reaches EUR 38.81 million

The repurchase covered the period from October 12 to October 16, 2026. After those purchases, Azimut held 5,473,951 treasury shares, equal to 3.8211 percent of its capital, the Teleborsa report said. The average purchase price was EUR 35.6064 per share, placing the latest activity above the current Lang & Schwarz quote.

Three events set the timeline

On September 29, 2026, Azimut announced the acquisition of 100 percent of Beanstox, according to MarketScreener. On October 7, 2026, September net inflows reached EUR 683.0 million, while assets under management and administration rose to EUR 158.9 billion, as reported by Websim. On October 19, 2026, the company disclosed the EUR 38.81 million share purchase described by Teleborsa.

What does the latest flow mean?

The September figure lifted nine-month net inflows to EUR 10.9 billion, including EUR 459.0 million from alternative funds and EUR 319.0 million through asset collection, according to Websim. The same report said Turkey generated EUR 695.0 million of outflows, creating a concrete counterweight to the broader inflow trend. Azimut's 12.7 percent year-to-date increase in total assets therefore rests on strong aggregate demand but also a geographically uneven mix.

Reporting date follows

Azimut's next substantiated reporting date is November 5, 2026, when third-quarter 2026 results are scheduled, according to MarketScreener. That release also lists an average analyst target of EUR 41.83 from seven analysts, providing a valuation reference separate from the buyback.

Stock valuation stays measurable

Azimut had a market capitalization of EUR 4.9 billion as of October 22, 2026, while its 52-week range was EUR 30.19 to EUR 40.39. Its current price sits inside that range, and the repurchase average of EUR 35.6064 offers a dated operational reference rather than a forecast.

Azimut stock was trading at EUR 34.69 at Lang & Schwarz on October 22, 2026 at 9:46 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Azimut stock.