NORMA Group launches public share buyback offer with a total volume of up to around EUR 52.9 million
Maintal, Germany, February 26, 2026
- First step of the announced capital return following the divestment of the water business
- Public share buyback offer for up to 3,186,240 shares at a price of EUR 16.59 per share
- Further capital measures are currently being prepared
NORMA Group consistently implements the announced capital return and commences the share buyback offer. The Management Board is launching a public offer to shareholders to buy back up to 3,186,240 shares at a price of EUR 16.59 per share. This corresponds to up to 10 percent of NORMA Group’s current share capital and a total volume of up to EUR 52,859,721.60.
With the share buyback, NORMA Group underlines its disciplined approach to capital allocation and its intention to deploy the proceeds from the sale of the Water Management business in line with its strategic priorities. The share buyback is the first step in the announced capital return. Further measures are currently being prepared; NORMA Group will inform the market in due course.
CEO Birgit Seeger: “With the divestment of the water business, we have sharpened our profile and realigned NORMA Group. Now it is a matter of reflecting this clarity in our capital allocation as well. With the share buyback, we are efficiently allowing our shareholders to participate in the proceeds of the sale. At the same time, we are setting the course for the targeted further development of our industrial business at NewNORMA.”
The acceptance period is expected to run from February 27, 2026 (00:00 CET) to March 27, 2026 (23:59 CET). All further details of the offer as well as the relevant documents will be published on the NORMA Group website and in the German Federal Gazette (“Bundesanzeiger”) prior to the start of the acceptance period.
The share buyback will be carried out on the basis of the authorization granted by the Annual General Meeting (AGM) on May 13, 2025, to acquire treasury shares of up to 10 percent of the share capital. So far, no use has been made of the authorization. The company currently holds no treasury shares. The repurchased shares can be used for all purposes permissible under the authorization of the AGM of May 13, 2025. The shares can also be cancelled.
Contact
Disclaimer
This announcement may not be published, distributed or transmitted in Canada, Australia or Japan. This announcement is not directed at, or intended for, transmission to, or use by, any person who is a national or resident of any state, country or other jurisdiction where the transmission, publication, making available or use of this announcement would be contrary to applicable law or would require any registration or authorization within such jurisdiction.
This announcement does not constitute an offer to buy securities or the solicitation of an offer to buy securities of the Company in the United States of America, Germany or any other jurisdiction.
This announcement contains forward-looking statements. These statements are based on the current view, expectations and assumptions of the management of NORMA Group SE and involve known and unknown risks and uncertainties that could cause actual results, results or events to differ materially from those expressed or implied by them. The actual results, results or events may differ materially from those described herein due to, among other things, changes in the general economic environment or the competitive situation, risks in connection with capital markets, foreign exchange rate fluctuations and competition from other companies, changes in a foreign or domestic legal system, in particular with regard to the tax environment, that affect NORMA Group SE, or by other factors. NORMA Group SE assumes no obligation to update any forward-looking statements.
Notice to NORMA Group shareholders in the United States
The share buyback offer relates to securities in a non-US company which is incorporated in Germany and has its registered seat in Germany. The offer is subject to the disclosure requirements, rules and practices applicable to companies listed in Germany, which differ from those in the United States in certain material respects. Accordingly, the offer document has been prepared in accordance with German style and practice for the purpose of complying with German law. The financial information relating to the Company, which is available for review on the Company's website, has not been prepared in accordance with generally accepted accounting principles in the United States and thus may not be comparable to financial information relating to US companies.
US shareholders should note that the NORMA Group shares are not listed on a US securities exchange and the Company is not subject to the periodic reporting requirements of the US Securities Exchange Act of 1934, as amended (the “US Exchange Act”), and is not required to, and does not, file any reports with the US Securities and Exchange Commission thereunder.
The share buyback offer is not subject to the disclosure and other procedural requirements of Rule 13e-4 or Regulation 14D under the US Exchange Act. The offer will be made in the United States in accordance with Regulation 14E under the US Exchange Act to the extent applicable.
The receipt of cash pursuant to the offer by a shareholder who is a US person may be a taxable transaction for US federal income tax purposes and under applicable US state and local, as well as foreign and other, tax laws. Each such shareholder should consult and seek individual advice from an appropriate professional adviser.
While the share buyback offer is being made available to shareholders in the United States, the right to tender NORMA Group shares is not being made available in any jurisdiction in the United States in which the making of the offer or the right to tender such NORMA Group shares would not be in compliance with the laws of such jurisdiction.