Beiersdorf announces 750 million euro share buyback, sees 2026 margin slightly below 2025
02/03/2026 19:09
March 2 (Reuters) - Nivea maker Beiersdorf BEIG.DE said on Monday it would launch a share buyback programme of up to 750 million euros ($877.20 million) over the next two years, and forecast its 2026 core operating margin excluding special items slightly below last year’s level. The group said it expects the first quarter of 2026 to come in below the full-year range, citing disruptions in the U.S. retail and China travel retail landscape. ($1 = 0.8550 euros) (Reporting by Anna Peverieri in Barcelona; Editing by Chris Reese) ((Anna.Peverieri@thomsonreuters.com;))
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