Mutares stock gains 1.44 percent as bond buyback advances
Published on 10/03/2026 at 23:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mutares stock (ISIN DE000A2NB650) was last at EUR 24.65 on Xetra on October 2, 2026 at 5:35 p.m. CEST, up 1.44 percent from EUR 24.30. The company accepted EUR 10.4 million of bonds in a partial repurchase, reinforcing its financing strategy ahead of a planned refinancing in the second half of Q4 2026, according to EQS News on October 1, 2026.
Bond reduction reaches EUR 28 million
The accepted bonds form part of a repurchase program allowing Mutares to buy back up to EUR 25 million of its EUR 250 million Nordic Bond due in March 2027. Including EUR 18 million repurchased in June 2026, the company has repurchased EUR 28 million of the bond during 2026, according to EQS News.
The transaction reduces refinancing exposure, but the accepted amount was 41.6 percent of the maximum offered amount. That makes the October 2 settlement and the planned Q4 refinancing important balance-sheet checkpoints.
Guidance points to higher 2026 revenue
Mutares' investor-relations dashboard sets 2026 guidance at EUR 7.9-9.1 billion for group revenue and EUR 165-200 million for holding net income, linked to the company page dated October 3, 2026, Mutares. The same dashboard lists 2025 group revenue of EUR 6.5 billion versus EUR 5.3 billion in 2024, an increase of 22.6 percent.
Portfolio activity remains part of the operating case. On September 30, 2026, Mutares completed its acquisition of Synthomer a.s.; the acquired business generated EUR 110 million of carve-out revenue in 2025 and employed 300 people, according to EQS News.
Analyst target stands at EUR 48.00
Mutares' investor-relations dashboard listed Cantor at Overweight with a EUR 48.00 price target on September 30, 2026, Mutares. The target lies 94.7 percent above the EUR 24.65 Xetra price, while the stock remains 29.8 percent below its 52-week high of EUR 35.10.
Stock stays below its yearly high
Mutares stock was last at EUR 24.65 on Xetra on October 2, 2026 at 5:35 p.m. CEST, with a session range of EUR 24.15 to EUR 24.85 and volume of 34,334 shares. Its market capitalization was EUR 537.0 million, giving the financing update and the Q3 reporting date of November 12, 2026 clear reference points for the next phase.
Mutares stock snapshot
- Company: Mutares SE & Co. KGaA
- ISIN: DE000A2NB650
- WKN: A2NB65
- Ticker: MUX
- Trading venue: Xetra
- Price (as of October 2, 2026, 5:35 p.m. CEST): EUR 24.65
- Daily change: 1.44 percent
- Market capitalization: EUR 537.0 million (as of October 2, 2026)
- 52-week range: EUR 23.25-35.10 (as of October 2, 2026)
- Sector / Industry: Financial Services / Asset Management
- Index membership: SDAX
- Next earnings date: November 12, 2026
