Exor, NL0012059018

Exor reports EUR 109 million buyback. Exor stock shows a 56.65 percent NAV discount

Published on 10/19/2026 at 10:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Exor bought 1,564,066 shares for EUR 109 million by October 19, 2026. Exor stock costs EUR 68.45 against NAV per share of EUR 157.90.

Buyback and valuation context

Exor reached EUR 109 million in buyback investment on October 19, 2026.
Net asset value per share was EUR 157.90 after a 3.90 percent first-half decline.
Exor stock trades at EUR 68.45 at 10:14 a.m. CEST at Lang & Schwarz on October 19, 2026.

Exor, NL0012059018, Illustration mit AI erstellt.

Exor (ISIN NL0012059018) said on October 19, 2026, that its share buyback had reached EUR 109 million for 1,564,066 ordinary shares, according to GlobeNewswire. The figure puts the capital-return program alongside a wide gap between Exor's market price and its reported net asset value.

Buyback reaches EUR 109 million

The latest report covered purchases made from October 12 through October 16, 2026. Exor bought 265,683 shares on Euronext Amsterdam, 155,228 through CBOE DXE, 25,439 on Turquoise Europe and 30,254 on Aquis Exchange Europe. The company held 6,602,442 ordinary shares in treasury, equal to 3.18 percent of ordinary issued share capital, after those transactions.

The chronology is clear. On September 22, 2026, Exor reported net asset value of EUR 32.0 billion and NAV per share of EUR 157.90, down 3.90 percent in the first half of 2026. On September 23, 2026, it announced a buyback of up to EUR 500 million. On October 19, 2026, the program reached EUR 109 million.

What does the NAV gap show?

Using the Lang & Schwarz price of EUR 68.45 against NAV per share of EUR 157.90 produces a calculated 56.65 percent discount. The first-half report also showed gross asset value of EUR 35.8 billion and a loan-to-value ratio of 4.70 percent at June 30, 2026, giving the buyback a balance-sheet context beyond share-count reduction.

Next reporting date is scheduled

Barron's lists March 31, 2027, for Exor's fiscal-year 2026 earnings. The date gives investors a defined checkpoint for the program's progress and for any update on the discount to NAV.

Price stays below reported NAV

Exor was trading intraday at EUR 68.45 at Lang & Schwarz on October 19, 2026, at 10:14 a.m. CEST. The quote sits within the EUR 62.10 to EUR 86.25 52-week range reported for October 16, 2026, while market capitalization was EUR 22.1 billion on that date.

The further course of trading is shown by the continuously updated real-time quote of Exor stock.