France's Wendel plans to distribute over 1.6 billion euros to investors by 2030
12/12/2025 06:54
Dec 12 (Reuters) - French private equity firm Wendel MWDP.PA plans to return more than 1.6 billion euros ($1.9 billion) to shareholders by 2030, driven by expected cash inflows exceeding 7 billion euros, it said on Friday ahead of its investor day. As part of this strategy, the company will start a buyback of 9% of its share capital in 2026, which equates to around 300 million euros based on current market prices. ($1 = 0.8521 euros) (Reporting by Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak) ((jakob.vancalster@thomsonreuters.com))