Jost Werke falls after capital increase

Jost Werke SE

25/02/2026 08:09

** Shares of Jost Werke JST.DE are down 5% after the German truck supplier announced an increase in share capital by up to 10%

** The company said it plans to use the proceeds for mergers and acquisitions, and sees opportunities in the off-highway segment, in particular in the agriculture and construction machinery sectors

** A local trader says Jost shares fell in after-hours trading after the capital increase announcement

** "The main rationale is to build a war chest to become more flexible/a preferred buyer in M&A processes. If JOST uses the proceeds to acquire a high-quality business in the ag/construction space, the dilution should be quickly forgotten," Warburg Research says

** The broker adds that the share price has recently been at a level where an accelerated bookbuilding has become a valid option again

** Jost Werke is the bottom mover in early trading of the German small-cap index .SDAXi

** The stock is up 15% YTD

($1 = 0.8472 euros)

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))