Munich Re buys back 102,937 shares as Munich Re stock sits 11.45 percent below its high
Published on 10/06/2026 at 12:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Munich Re bought back 102,937 shares between September 24 and October 2, 2026, according to Deutsche Boerse on October 5, 2026. Munich Re stock was trading at EUR 509.70 at Lang & Schwarz on October 6, 2026 at 12:54 p.m. CEST, down 0.29 percent versus the prior close of EUR 511.20.
Buyback reaches 2.94 million shares
The latest interim report puts the total repurchased volume since May 14, 2026 at 2,943,260 shares. Munich Re conducts the purchases through a commissioned bank on Xetra, and the October 5 filing identifies the program as the source of the latest transaction data.
The buyback adds a measurable capital-management element while the stock remains below its yearly peak. At EUR 509.70, the share price stood 11.45 percent below the EUR 575.60 52-week high and 16.53 percent above the EUR 437.40 low, using the October 6, 2026 market snapshot.
Second-quarter revenue rose 6.38 percent
Munich Re reported EUR 18.64 billion of revenue for the second quarter of 2026, compared with EUR 17.53 billion in the prior-year quarter, a 6.38 percent increase, according to finanzen.net. Earnings per share reached EUR 17.50, up from EUR 15.94 in the same quarter of 2025.
That combination gives the current valuation two opposing reference points: operating figures improved year over year, while the market price is still materially below the 52-week high. Munich Re's market capitalization was EUR 65.1 billion on October 6, 2026.
Jefferies cuts target to EUR 550
Jefferies cut its Munich Re price target from EUR 600.00 to EUR 550.00 and retained a Hold rating in a note dated September 25, 2026, as wallstreetONLINE reported on September 28, 2026. The analyst cited faster declines in reinsurance prices and said execution risks should be reflected in the cost of equity.
The revised target lies 7.91 percent above the Lang & Schwarz price. This leaves the buyback and the second-quarter growth figures competing with a more cautious view of future pricing conditions.
Munich Re stock stays below its high
Munich Re stock was trading at EUR 509.70 at Lang & Schwarz on October 6, 2026 at 12:54 p.m. CEST, versus the EUR 511.20 prior close at Lang & Schwarz on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Munich Re stock.
Munich Re stock at a glance
- Company: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
- ISIN: DE0008430026
- WKN: 843002
- Ticker: MUV2
- Primary exchange: Xetra
- Price Lang & Schwarz as of October 6, 2026, 12:54 p.m. CEST: EUR 509.70
- Change versus prior close: minus 0.29 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 511.20
- Market capitalization: EUR 65.1 billion as of October 6, 2026
- 52-week range: EUR 437.40-EUR 575.60 as of October 6, 2026
- Sector / Industry: Insurance / Reinsurance
- Index membership: DAX 40
