Azimut stock highlights buyback activity before results

Published on 10/03/2026 at 23:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azimut stock was last quoted at EUR 37.88 on October 2, 2026, 6.2 percent below its 52-week high. August inflows reached EUR 938 million.

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Azimut (ISIN IT0003261697) was last quoted at EUR 37.88 on Borsa Italiana on October 2, 2026, at 5:35 p.m. CEST, leaving the share 6.2 percent below its 52-week high of EUR 40.39. The latest company-specific signal is a continuing buyback ahead of the next quarterly reporting window.

Buyback adds a capital signal

According to Teleborsa on September 28, 2026, Azimut bought 167,506 ordinary shares between September 21 and September 25 at a volume-weighted average price of EUR 39.2466, for total consideration of EUR 6,574,047.64. The purchases followed shareholder and board approvals dated April 23 and July 30, 2026.

The buyback matters because the average repurchase price stood EUR 1.3666 above the October 2 reference price. That gap gives the capital-return program a direct market comparison, while the stock remains EUR 2.51 below its yearly high.

Inflows strengthen the operating picture

MarketScreener reported on September 8, 2026, that Azimut generated EUR 938 million of net inflows in August, bringing the year-to-date total to EUR 10.2 billion. Assets under management reached EUR 159.4 billion at the end of August, up 13 percent since the start of the year.

The inflow figure is the key operating counterweight to the share price position. It also shows why the upcoming results matter: recurring asset gathering and the buyback are developing on separate tracks, with the former supporting scale and the latter affecting share supply.

Consensus leaves room above the quote

According to MarketScreener in its September 3, 2026 report, Deutsche Bank upgraded Azimut to Buy and raised its price target. The same page lists a mean consensus of Outperform from seven analysts and an average target price of EUR 42.04, which is 11.0 percent above the EUR 37.88 reference price.

Azimut describes itself as an international group active in asset management, wealth management, investment banking and fintech, serving retail and institutional clients, according to its Azimut Group investor-relations page.

Azimut stock stays below its yearly high

Azimut stock was last at EUR 37.88 on Borsa Italiana on October 2, 2026, with a market capitalization of EUR 5.4 billion and volume of 627,051 shares. The 52-week range of EUR 30.19 to EUR 40.39 places the quote 25.5 percent above its low and 6.2 percent below its high.