Added to YB: 2026-08-20
Pitch date: 2026-08-18
NOEJ.DE [neutral]
NORMA Group SE
-0.97%
current return
Author Info
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Company Info
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
Market Cap
EUR 593.6M
Pitch Price
EUR 20.65
Price Target
N/A
Dividend
0.68%
EV/EBITDA
-13.99
P/E
-7.08
EV/Sales
N/A
Sector
Machinery
Category
special_situation
NORMA Group (NOEJ Germany): Large tender offer completes the Water Management cash return
NOEJ.DE (update): Tender offer to buy back 9.31m shares (~29% of shares, ~1/3 of mkt cap) at €22.35 (~8% premium to €20.75, 25% above 3mo avg) for €208m. Completes ~€260m return post Water Mgmt disposal (€52m already via H1 buyback). Shares cancelled = ~29% EPS accretion.
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