Wendel shares climb on buyback plans

Wendel SE

12/12/2025 08:23

** Shares in Wendel MWDP.PA gain around 6% after the private equity manager said it would launch around 300 million euro share buyback in 2026 as part of its plan to return more than 1.6 billion euros to shareholders by 2030

** The company also said ahead of its investor day on Friday that it is targeting cash flow above 7 billion euros by 2030

** The stock is on track for its best day since the beginning of 2022, if gains hold

(Reporting by Jakob Van Calster)

((jakob.vancalster@thomsonreuters.com))