VINCI repurchases 478,282 shares at €117.36 and buys Fletcher Construction for €630M

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VINCI repurchased 478,282 shares from January 12-16 at an average price of €117.36 per share under its share buyback authorization. VINCI also signed a 2026-pending deal to acquire Fletcher Construction, adding €630 million in annual revenue and 2,300 employees, bolstering its New Zealand infrastructure presence.

1. Treasury Share Buyback Activity

Between January 12 and January 16, 2026, VINCI SA executed a secondary market buyback of approximately 478,300 shares of its ordinary stock under the authorization granted by the April 17, 2025 General Meeting. The program’s daily volumes ranged from 60,000 to 115,000 shares across Euronext Paris, CEAUX, AQEU and TQEX markets, with an overall weighted average purchase price of €117.36 per share. This sustained repurchase effort marks the largest single week of treasury share acquisitions in the company’s 2026 program to date and represents roughly 0.08% of VINCI’s 600 million–share free float, reinforcing the company’s commitment to enhancing shareholder value and offsetting dilution from employee compensation plans.

2. Strategic Acquisitions and Infrastructure Contracts

VINCI Construction has agreed to acquire New Zealand–based Fletcher Construction, adding a business with €630 million in annual revenue and a workforce of 2,300. Pending regulatory approval and expected to close in 2026, the acquisition will expand VINCI’s footprint in hydraulic, maritime, port, airport, railway and road sectors, as well as growing renewable energy projects. On January 15, VINCI also secured a €250 million contract to renovate the Romainville–Bobigny waste treatment plant near Paris, which includes construction of a new river freight port designed to cut the facility’s carbon emissions by 15% through barge deliveries. Together, these moves bolster VINCI’s operational scale in both New Zealand and France, diversifying revenue streams and supporting its ESG commitments.

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