Lenzing secured EUR 300 million raise. Lenzing stock gains 2.86 percent

Published on 10/12/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lenzing stock costs EUR 10.80 on October 12, 2026, 2.86 percent above EUR 10.50. The offer covers 34,756,362 new shares and ends October 20, 2026.

Key points in brief

Lenzing secured a targeted EUR 300 million rights issue with 34,756,362 new shares.
Berenberg cut its rating from Buy to Hold and reduced its target from EUR 29.50 to EUR 17.00 on October 2, 2026.
Lenzing stock was trading at EUR 10.80 at Lang & Schwarz on October 12, 2026, 2.86 percent above the Xetra close of EUR 10.50 on October 9, 2026.
First-half 2026 revenue fell to EUR 1.27 billion, while net income rose to EUR 35.6 million.

Lenzing, AT0000644505, Illustration mit AI erstellt.

Lenzing stock (ISIN AT0000644505) was trading at EUR 10.80 at Lang & Schwarz on October 12, 2026 at 9:14 a.m. CEST, 2.86 percent above the Xetra close of EUR 10.50 on October 9, 2026. Lenzing had secured a targeted EUR 300 million rights issue on October 1, 2026, according to EQS Group.

Three October milestones reshape funding

On October 1, 2026, Lenzing announced 34,756,362 new shares at EUR 8.65 each, with a subscription ratio of 10 new shares for every 9 existing shares, according to EQS Group. On October 2, 2026, Berenberg cut its rating from Buy to Hold and reduced its price target from EUR 29.50 to EUR 17.00, as reported by Stock-World. On October 8, 2026, B&C KB Holding was reported to have received 9,654,547 subscription rights, also by Stock-World.

What does the funding mean for earnings?

Lenzing's first-half 2026 revenue came to EUR 1.27 billion, down from EUR 1.34 billion in the first half of 2025, while net income after tax rose to EUR 35.6 million from EUR 15.2 million. These figures were reported by Texdata. The contrast matters: the capital raise addresses balance-sheet flexibility while the operating picture shows profit improvement despite lower revenue.

Subscription dates set the next checkpoints

The subscription period for the new shares runs through October 20, 2026, while trading in the subscription rights is scheduled through October 14, 2026, according to EQS Group. The EUR 8.65 issue price sits below the current Lang & Schwarz quote, but the comparison does not remove the dilution issue created by the 34,756,362 additional shares.

Stock trades above the Xetra close

Lenzing was trading at EUR 10.80 at Lang & Schwarz on October 12, 2026 at 9:14 a.m. CEST, up EUR 0.30 or 2.86 percent versus the Xetra close of EUR 10.50 on October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Lenzing stock.