Bayerische Motoren Werke Aktiengesellschaft: Information on the Share Buy-Back Programme 2025/2027
Munich (pta008/01.07.2026/07:05 UTC+2)
Announcement pursuant to art. 5 para. 1 lit. a) of Regulation (EU) no 596/2014 and art. 2 para. 1 of Commission Delegated Regulation (EU) 2016/1052
Bayerische Motoren Werke Aktiengesellschaft (BMW AG, the "Company") is continuing the Share Buy-Back Programme 2025/2027 as disclosed in an ad hoc announcement dated 20 May 2025 and in further announcements dated 20 May 2025 and 18 December 2025 with a third tranche on 1 July 2026.
The Share Buy-Back Programme 2025/2027 is being implemented on the basis of the authorisation granted by the Annual General Meeting on 14 May 2025. The programme has a volume of up to € 2 billion (total purchase price excluding ancillary costs). The volume attributed to preferred shares is limited to a maximum of € 350 million. The programme will be concluded no later than 30 April 2027.
The first tranche of the share buy-back programme 2025/2027 was successfully completed on 8 December 2025 and the second tranche of the share buy-back programme 2025/2027 was successfully completed on 26 June 2026. As part of these two tranches, a total of 15,750,628 ordinary shares and 1,773,313 preferred shares were acquired between 21 May 2025 and 26 June 2026. Of these, 589,020 repurchased ordinary shares were transferred to employees of the Company or its affiliated group companies as part of the employee share programme 2025. A total purchase price (excluding ancillary costs) of € 1,374,999,056.65 was paid for the shares repurchased under these two tranches. All preferred shares were converted into ordinary shares by way of an amendment to the Articles of Incorporation on 30 June 2026.
The third tranche of the share buy-back will be carried out in a volume of up to € 625 million for ordinary shares in the period from 1 July 2026 to 30 November 2026 at the latest. A maximum of 44,000,000 ordinary shares may still be purchased.
The primary objective of the share buy-back programme is to redeem shares with a corresponding reduction in share capital. It is also used to transfer shares to employees of the Company or a Group company within the framework of an employee share programme.
The share buy-back is carried out in accordance with the safe harbour rules set out in article 5 of the EU Market Abuse Regulation (Regulation (EU) no. 596/2014) in conjunction with the provisions of the Commission Delegated Regulation (Regulation (EU) 2016/1052, "Share Buy-Back Regulation").
One or more independent banks are commissioned to carry out the buy-back or individual parts of it. They make their decisions about the date of acquisition of the shares independently and without being influenced by the Company. The Company's right to terminate the mandate of one or all banks early and/or to transfer the mandate to one or more other banks remains unaffected. The share buy-back can be suspended, interrupted and, if necessary, resumed in accordance with the legal requirements to be observed.
The shares are purchased on the stock exchange. The price per share paid by the Company (excluding ancillary costs) may not exceed or fall below the price of the share determined by the opening auction in Xetra trading (or a comparable successor system) on the Frankfurt Stock Exchange on the trading day by more than 10%.
Mandated banks are obliged to comply with trading conditions set out in Article 3 of the Share Buy-Back Regulation. All transactions under the share buy-back programme will be announced in a manner corresponding to the requirements of Art. 2 para. 3 of the Share Buy-Back Regulation no later than the end of the seventh trading day after their execution. In addition, the Company will publish the transactions on its website at www.bmwgroup.com/sharebuyback and ensure that the information remains publicly available there for at least five years from the date of disclosure.
Bayerische Motoren Werke Aktiengesellschaft
The Board of Management
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| Emitter: |
Bayerische Motoren Werke Aktiengesellschaft Petuelring 130 80788 München Germany |
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|---|---|---|
| Contact Person: | Adam Sykes, Leiter Investor Relations | |
| Phone: | +49 89 382-25387 | |
| E-Mail: | adam.sykes@bmw.de | |
| Website: | www.bmwgroup.com | |
| ISIN(s): | DE0005190003 (Share) DE0005190037 (Share) | |
| Stock Exchange(s): | Regulated Market in Frankfurt, Munich; Free Market in Dusseldorf, Hamburg, Hannover, Stuttgart, Tradegate BSX |