Melexis stock gains 2.48 percent as buyback expands
Published on 09/23/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Melexis stock was trading at EUR 68.05 on Euronext Brussels on September 21, 2026, up 2.48 percent from the previous close. The move came as the Belgian chipmaker continued its share buyback program, giving investors a concrete capital allocation signal.
Buyback reaches 253,537 shares
According to Barchart on September 21, 2026, Melexis repurchased 14,519 shares between September 14 and September 18 at an average price of EUR 64.29. The transactions totaled EUR 933,447, while the current authorization covers up to 850,000 shares.
The company had acquired 253,537 shares under the current program by September 18, 2026. Including 831,491 shares from a previous program, treasury stock reached 1,085,028 shares, making the buyback a measurable part of the capital return framework.
Q2 sales rise 3 percent
Yahoo Finance reported that Q2/2026 sales reached EUR 217.3 million, up 3 percent from the same quarter of 2025 and 7 percent from Q1/2026. The gross result rose 6 percent year over year to EUR 87.9 million, equal to a 40.5 percent gross margin.
The operating result increased 8 percent year over year to EUR 38.6 million, or 17.8 percent of sales. Net result was EUR 30.8 million, down 19 percent from EUR 37.8 million in Q2/2025, while earnings per share declined to EUR 0.76 from EUR 0.94.
Stock holds a measurable market premium
At EUR 68.05 on September 21, 2026, Melexis traded above the EUR 66.40 previous close and the EUR 66.50 opening level. The 2.48 percent daily advance therefore aligned with the latest buyback activity, although the quarterly profit comparison was mixed.
For investors, the key contrast is clear: operating profit grew faster than revenue, but net income and earnings per share remained below the prior-year quarter. Melexis also plans an interim dividend of EUR 1.30 per share, with ex-coupon trading scheduled for October 13, 2026.
Melexis market and company data
- Company: Melexis N.V.
- Ticker: MLXS
- Trading venue: Euronext Brussels
- Price as of September 21, 2026: EUR 68.05
- Market capitalization: EUR 2,682.56 million as of September 21, 2026
- Sector / Industry: Technology / Semiconductors
- Index membership: BEL 20 and BEL Mid
