Cancom, DE0005419105

Cancom buys back 125,760 shares: Cancom stock sits 22.92 percent below its 52-week high

Published on 10/02/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cancom revenue fell 3.50 percent in the first half of 2026 as EBITDA rose 34.00 percent. Cancom stock costs EUR 22.70 on October 2, 2026 versus EUR 22.65.

Modernes Rechenzentrum München mit beleuchteten Serverracks, IT-Techniker bei der Arbeit — Cancom SE Rechenzentrum in München mit ISIN DE0005419105 zeigt moderne Server-Infrastruktur und Cloud-Managed-Services, Illustration mit AI erstellt.

Cancom (ISIN DE0005419105) bought back 125,760 shares between September 21 and September 25, 2026, bringing purchases since September 7 to 331,742 shares, according to EQS Group. At Lang & Schwarz, the stock was trading at EUR 22.70 on October 2, 2026 at 1:10 p.m. CEST, plus 0.22 percent versus the prior close of EUR 22.65.

Buyback reaches 331,742 shares

The latest repurchase tranche covered 125,760 shares, with the company buying them through Xetra at volume-weighted average prices between EUR 22.42 and EUR 22.79 during the five-day period. The cumulative total represents a concrete capital-allocation signal while Cancom works through a weaker revenue trend.

The stock sits 22.92 percent below its 52-week high of EUR 29.45 and 13.22 percent above its 52-week low of EUR 20.05, based on the October 2, 2026 market range. Its market capitalization was EUR 653.8 million on the same date.

Margins improve despite lower revenue

Cancom's first-half 2026 revenue fell 3.50 percent from the prior-year period, but EBITDA rose 34.00 percent to EUR 49.20 million, according to 4investors. The improvement was visible in Germany, where the EBITDA margin increased from 2.70 percent to 6.10 percent, a gain of 3.40 percentage points.

That combination matters more than the buyback alone. Cancom is showing stronger earnings conversion while sales remain under pressure, leaving execution and demand as the central counterweight to the margin recovery.

Analyst target stays above price

UBS initiated coverage on September 24, 2026, with a Buy rating and a EUR 26.00 price target, as finanzen.net reported on September 25, 2026. The target lies 14.54 percent above the Lang & Schwarz price, while UBS expects average earnings growth of more than 20.00 percent per year through 2028.

Cancom's investor-relations calendar lists the next interim report for November 12, 2026, at 8:00 a.m. CET, according to CANCOM. The coming report will test whether the first-half margin improvement can continue while revenue growth catches up.

Cancom stock stays below yearly high

At EUR 22.70, Cancom stock was trading at Lang & Schwarz on October 2, 2026 at 1:10 p.m. CEST, up 0.22 percent versus the prior close of EUR 22.65. The further course of trading is shown by the continuously updated real-time quote of Cancom stock.