Mare Group Launches Buyback Plan and Confirms Stock Plan Targets

Mare Engineering Group SpA ( (IT:MARE) ) has provided an update.

Mare Group’s board has approved the launch of a treasury share buyback and disposal programme of up to 3,867,050 shares, aimed at supporting liquidity, building a strategic securities portfolio for extraordinary transactions and serving current and future stock-based incentive plans, with purchases to be carried out by MIT SIM under market rules. The move is designed to stabilise trading, provide financial flexibility for growth and internationalisation deals, and align management incentives with shareholders over the long term.

The board also validated the use of adjusted pro-forma consolidated figures to assess performance, confirming that 2025 targets for the 2024-2027 and 2025-2027 stock option and stock grant plans were met, which underlines strong execution during a phase of external growth and IFRS transition. In governance measures, directors Valeria Conti and Francesco Grillo were confirmed as independent, and Mare Group was formally designated lead company in a major multi-year framework contract following the merger of La SIA, consolidating contract management within the group and strengthening its operational control over long-term projects.

More about Mare Engineering Group SpA

Mare Group S.p.A. is an Italian high-tech engineering hub active in aerospace and defence, industry, critical infrastructure and the twin transition, operating in Italy and abroad through an asset-light model built on proprietary platforms. Listed on Euronext Growth Milan, it serves more than 2,000 clients with over 700 employees across 35 offices in five countries, and has grown through 19 acquisitions since 2019, positioning itself as a major innovation aggregator in Italy and Europe.

Average Trading Volume: 23,185

Technical Sentiment Signal: Sell

Current Market Cap: €65.51M

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