Tikehau Capital Share Transactions
Tikehau Capital Declares Treasury Share Transactions from June 12-18, 2026, Complying with MAR
Anonymous
Tikehau Capital disclosed its share buyback transactions for the week of June 12–18, 2026, in line with Article 5 of the EU's Market Abuse Regulation (MAR) — the rule that forces companies to publish exact details of every share they repurchase. The disclosure comes just days after the firm raised its buyback mandate from €175 million to €190 million, according to Business Wire.
The Paris-based alternative asset manager, which oversees €53.0 billion in assets under management, has repurchased 6,885,758 shares under its current mandate as of June 9, 2026. The buyback push signals that management believes its own shares are underpriced.
Buyback Mandate Expanded Days Before This Filing
On June 9, 2026, Tikehau extended its repurchase mandate through February 26, 2027, and bumped the ceiling from €175 million to €190 million, Business Wire reported. That move came less than two months after shareholders approved the buyback limits at the April 30 General Meeting.
The firm buys back shares for two main reasons. First, to cancel them — shrinking the total share count and boosting earnings per share. Second, to use as currency in deals like mergers or acquisitions, though that use is capped by law at 5% of total share capital, according to Business Wire.
Co-Founder Spends €6.28 Million of His Own Money on Stock
Co-founder Antoine Flamarion made a striking personal bet in May and June 2026, buying more than €6.28 million worth of Tikehau shares out of his own pocket, according to Market Screener. Analysts call this a classic "skin-in-the-game" signal — insiders rarely spend millions of personal funds on stock they think will fall.
Co-founder Mathieu Chabran has publicly stressed "alignment of interests" between management and shareholders. Flamarion's purchase backs that claim with real money. The two men co-manage the firm together and hold significant personal stakes.
Bulls See Undervalued Stock; Bears Point to High Valuation
Analysts nudged their average price target up from €21.89 to €22.09 after the buyback extension, citing better revenue growth assumptions. The stock's PEG ratio — a measure of price versus earnings growth — sits at just 0.52, which typically signals an undervalued stock, according to ADVFN.
But not everyone is convinced. Citi has turned more cautious, pointing to "realization headwinds" — meaning Tikehau may struggle to sell private assets at top prices in the current high-interest-rate environment. Skeptics also flag a trailing price-to-earnings ratio of roughly 71.8x, which is historically expensive. The buyback, they argue, may be propping up the share price during a slow period for private equity exits.
What MAR Disclosure Rules Actually Require
Under Article 5 of the Market Abuse Regulation, Tikehau must publish exact transaction data every week — including the date, time, number of shares, price paid, and the trading venue used. The rule exists to stop companies from secretly using their cash to prop up their own stock price.
During the prior reporting week of June 5–11, the firm bought roughly 3,000 to 5,000 shares per day at prices near €17.50 to €18.00, according to Business Wire. An unnamed financial intermediary handles execution to keep the trades market-neutral and compliant with MAR rules. The June 12–18 window follows the same framework.
Sentiment
NeutralNEGATIVENEUTRALPOSITIVE
Publishers
3
Articles
3
Reach
4
A
AnonymousAuthor
