Tourexpi
HBX Group International plc has announced plans to
return capital to shareholders through a share buy-back programme of up to €100
million and the introduction of regular dividend payments. The move underlines
the Group’s confidence in its long-term strategy and commitment to an efficient
capital structure.
Share buy-back subject to shareholder approval
Subject to shareholder approval at the Annual General
Meeting on 12 February 2026, the buy-back programme will be executed by Bank of
America across FY26 and FY27. The repurchased shares may be cancelled or used
to meet obligations under existing employee share schemes. The programme is
capped at €100 million, with a maximum of 17 million shares, representing
around 7% of the issued share capital.
Dividend policy from FY 2026
In parallel, HBX Group intends to begin paying regular
dividends, starting with an interim dividend in FY 2026. The policy targets a
20% annual pay-out ratio of Group Adjusted Earnings, subject to the
availability of distributable profits and reserves.
Management perspective and capital framework
Chief Executive Officer Nicolas Huss said the Group’s
strong financial position and cash flow generation provide flexibility to
invest in growth while returning capital to shareholders, reflecting confidence
in the business and its future prospects.
The capital return measures are aligned with HBX
Group’s broader capital allocation framework, which prioritises growth
investment, prudent leverage and the return of excess cash to shareholders.
Image Credit: © HBX Group
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