Mutares stock rises 1.44 percent as bond buyback reaches EUR 10.4 million

Published on 10/04/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mutares stock stood at EUR 24.65 on October 2, 2026, after a 1.44 percent daily gain on Xetra. Mutares accepted EUR 10.4 million of bonds for repurchase.

Moderne Glas-Bürozentrale in München bei Sonnenuntergang mit Passanten auf der Plaza — Fotorealistische Bürozentrale in München symbolisiert Mutares SE & Co. KGaA, ISIN DE000A0Z23Y2, im warmen Abendlicht, Illustration mit AI erstellt.

Mutares (ISIN DE000A2NB650) gained 1.44 percent to EUR 24.65 on Xetra on October 2, 2026, with 34,334 shares traded. The latest financing update came from EQS News on October 1, 2026, when Mutares reported that it had accepted EUR 10.4 million of bonds for repurchase.

Bond buyback supports refinancing plan

The accepted bonds were offered under a partial repurchase program capped at EUR 25 million from the EUR 250 million Nordic Bond 2023/2027. Mutares said the transaction prepares the bond for planned refinancing in the second half of the fourth quarter of 2026, while the company had repurchased EUR 28 million of bonds during 2026 including the EUR 18 million bought back in June.

The financing step is material because the bond matures in March 2027. Settlement was scheduled for October 2, 2026, linking the latest share-price move directly to a balance-sheet and refinancing milestone rather than to a new operating forecast.

First-half EBITDA turns positive

Operating momentum supplies the second part of the investment case. According to Boerse Express in its report on September 12, 2026, Mutares generated EUR 3.4 billion of group revenue in the first six months of 2026, up 9 percent from the prior-year period.

The same first-half report put EBITDA at EUR 349 million and adjusted EBITDA at EUR 67 million, compared with an adjusted EBITDA loss of EUR 89 million in the first half of 2025. That swing is the clearest quantified change in the recent operating picture, although the financing timetable remains a separate execution test.

Guidance keeps the next checkpoint visible

On its investor-relations page, Mutares maintains fiscal-year 2026 guidance for group revenue of EUR 7.9-9.1 billion and net profit of the Mutares Holding of EUR 165-200 million. The range gives investors a direct benchmark for the next quarterly report.

MarketScreener lists a Buy consensus from three analysts, with an average target price of EUR 45.15 and a last-close reference of EUR 25.80. The published average target was 75.00 percent above that reference, while the latest Xetra price was EUR 24.65.

Stock trades above yearly low

Mutares stock was at EUR 24.65 on Xetra on October 2, 2026, with a 52-week range of EUR 23.25 to EUR 35.10 and a market capitalization of EUR 537.0 million. The next scheduled company checkpoint is the Q3 2026 report on November 12, 2026.