Sofina backs USD 270 million Exein round. Sofina stock gains 1.73 percent

Published on 10/13/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NAV reached EUR 11.5 billion and EUR 326.48 per share at June 30, 2026. Sofina stock costs EUR 252.30 on October 13, 2026 versus the EUR 248.00 Xetra close.

Key points in brief

Sofina joined Exein's USD 270 million funding round at a USD 1.7 billion valuation on September 15, 2026.
Sofina reported EUR 857 million in first-half 2026 net income versus a EUR 394 million loss in first-half 2025.
The stock was trading at EUR 252.30 at Lang & Schwarz, 1.73 percent above the Xetra close of EUR 248.00.
NAV stood at EUR 11.5 billion, or EUR 326.48 per share, at June 30, 2026.

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Sofina (BE0003717312) was trading at EUR 252.30 at Lang & Schwarz on October 13, 2026 at 10:32 a.m. CEST, 1.73 percent above the Xetra close of October 12, 2026 at EUR 248.00. On September 15, 2026, Sofina joined Exein's USD 270 million funding round at a USD 1.7 billion valuation, as Opulion reported.

Three dated portfolio markers

On September 3, 2026, Flash reported EUR 857 million in consolidated net income for the first half of 2026, versus a EUR 394 million loss in the first half of 2025. On September 4, 2026, Borse Express reported a buyback program of up to EUR 26 million and 100,000 shares. On September 15, 2026, Opulion said Sofina participated in Exein's USD 270 million round.

What does the NAV gap mean?

Sofina's investor page reported NAV of EUR 11.5 billion, or EUR 326.48 per share, at June 30, 2026, with direct investments and private funds each accounting for 50 percent of the portfolio structure. At EUR 252.30, the Lang & Schwarz price was 22.72 percent below that NAV-per-share figure, using the June 30 valuation as the comparison.

The gap highlights the central question for a listed investment holding company: portfolio value must eventually translate into realizations, distributions or a narrower discount. Exein adds a strategic cybersecurity angle, but the round's USD 270 million describes total new capital, not Sofina's individual investment.

Current price and portfolio scale

The current quote places Sofina at EUR 9.2 billion in market capitalization, while the 52-week range is EUR 203.60 to EUR 265.60. The price therefore remains EUR 13.30 below the reported 52-week high and EUR 48.70 above the low, giving investors a clear market reference alongside the NAV comparison.

Sofina's first-half recovery also came with portfolio activity: Borse Express reported EUR 733 million of new investments and EUR 237 million of disposals in the first half of 2026. That combination makes the NAV discount and the pace of exits more important than a single portfolio announcement.

Sofina trades above the Xetra close

Sofina was trading at EUR 252.30 at Lang & Schwarz on October 13, 2026 at 10:32 a.m. CEST, 1.73 percent above the Xetra close of October 12, 2026 at EUR 248.00. The reference price remains below the EUR 326.48 NAV per share reported for June 30, 2026.

The further course of trading is shown by the continuously updated real-time quote of Sofina stock.