Melexis reports buyback: Melexis stock trades 2.60 percent below EUR 69.30 close
Published on 10/07/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Melexis (BE0165385973) was trading at EUR 67.50 at Lang & Schwarz on October 7, 2026 at 1:19 p.m. CEST, down 2.60 percent versus the EUR 69.30 Euronext Brussels close on October 6, 2026. The latest company event is a share buyback update dated September 21, 2026.
Buyback reaches 253,537 shares
According to GlobeNewswire on September 21, 2026, Melexis bought 14,519 of its own shares between September 14 and September 18 at an average price of EUR 64.29. The current program allows purchases of up to 850,000 shares, with 253,537 shares acquired by that release.
The buyback figures provide a concrete capital-allocation signal, but the market reference is moving in the opposite direction on October 7. The EUR 67.50 Lang & Schwarz price is EUR 1.80 below the Euronext Brussels close used as the euro comparison base, equivalent to minus 2.60 percent.
Second-quarter revenue reaches EUR 217.06 million
Melexis generated EUR 217.06 million of revenue in the second quarter of 2026 and EUR 30.78 million of net income, according to Investing.com. The same period carried a 14.18 percent profit margin, giving investors a clearer operating reference than the daily quotation alone.
The second-quarter revenue figure also establishes the scale behind the company valuation. Investing.com lists Melexis at a market capitalization of EUR 2.77 billion, while the latest reported net income was EUR 30.78 million for the same quarter.
October 28 results set the next marker
Investing.com lists October 28, 2026 as Melexis' next earnings date and an average 12-month price target of EUR 75.54. That target is EUR 8.04 above the Lang & Schwarz price, but it is an analyst reference rather than a forecast by this article.
The next results will therefore test whether the EUR 217.06 million second-quarter revenue base can support the valuation after the October 7 decline. Melexis develops semiconductor sensors and driver solutions, with automotive applications remaining central to its business.
Stock trades below EUR 69.30 close
Melexis was trading at EUR 67.50 at Lang & Schwarz on October 7, 2026 at 1:19 p.m. CEST, down 2.60 percent versus the EUR 69.30 Euronext Brussels close on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Melexis stock.
Melexis stock facts
- Company: Melexis N.V.
- ISIN: BE0165385973
- Ticker: MELE
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz (as of October 7, 2026, 1:19 p.m. CEST): EUR 67.50
- Change versus Euronext Brussels close: minus 2.60 percent
- Euronext Brussels close (October 6, 2026): EUR 69.30
- Market capitalization: EUR 2.77 billion (as of October 6, 2026)
- Sector / Industry: Technology / Semiconductors
- Index membership: BEL 20
- Next earnings date: October 28, 2026
