Cancom expands buyback and Cancom stock gains 2.24 percent
Published on 10/06/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cancom expanded its 2026 buyback to 331,742 shares through September 25, 2026, as EQS News reported on September 28, 2026. Cancom stock was trading at EUR 22.83 at Lang & Schwarz on October 6, 2026 at 9:59 a.m. CEST, up 2.24 percent from the prior close of EUR 22.33.
Buyback reaches 331,742 shares
The latest tranche covered 125,760 shares acquired between September 21 and September 25, 2026. The company bought the shares through Xetra, with daily volume-weighted average prices ranging from EUR 22.42 to EUR 22.79, according to the EQS filing.
The program began on September 7, 2026. The accumulated volume matters because the purchases now represent a continuing capital-allocation signal rather than a single trading-day transaction.
Revenue falls while earnings improve
Cancom's second-quarter 2026 revenue declined 6.19 percent year over year to EUR 368.88 million from EUR 393.24 million, while earnings per share rose to EUR 0.12 from a loss of EUR 0.01, according to finanzen.net in its September 8, 2026 report on the June 30, 2026 quarter. The contrast puts profitability ahead of top-line growth in the near-term investor debate.
Analyst views remain split on valuation. dpa-AFX reported on September 24, 2026 that UBS started coverage with a Buy rating and a EUR 26.00 target, while the same report cited expected average earnings growth of more than 20 percent per year through 2028. dpa-AFX reported on September 24, 2026 that Berenberg kept a Hold rating and a EUR 25.00 target.
November report sets next checkpoint
CANCOM's next scheduled interim report is November 12, 2026, according to the company's investor-relations calendar. The stock's current EUR 22.83 price sits EUR 2.17 below the UBS target and EUR 2.17 below the Berenberg target, but those targets represent separate analyst views rather than a unified market forecast.
Cancom was valued at EUR 655.3 million on October 6, 2026, while its 52-week range stood at EUR 20.05 to EUR 29.45. That leaves the current quote EUR 6.62 below the yearly high and EUR 2.78 above the yearly low, keeping the buyback and the earnings recovery as the two clearest measurable reference points.
Stock trades above prior close
Cancom stock was trading at EUR 22.83 at Lang & Schwarz on October 6, 2026 at 9:59 a.m. CEST, plus 2.24 percent versus the Lang & Schwarz prior close of EUR 22.33 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Cancom stock.
Cancom stock facts
- Company: Cancom SE
- ISIN: DE0005419105
- WKN: 541910
- Ticker: COK
- Primary exchange: Xetra
- Price Lang & Schwarz as of October 6, 2026, 9:59 a.m. CEST: EUR 22.83
- Change versus prior close: plus 2.24 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 22.33
- Market capitalization: EUR 655.3 million (as of October 6, 2026)
- 52-week range: EUR 20.05-29.45 (as of October 6, 2026)
- Sector / Industry: Technology / Information Technology Services
- Next earnings date: November 12, 2026
