- BOSQAR has announced an offer to buy back treasury shares worth up to EUR 6 million.
- The first round of the offer will run from November 5 to December 17, 2026, and all shareholders of the Company are eligible to participate, subject to the terms of the Offer.
- BOSQAR is offering shareholders a return of approximately EUR 10 million this year, subject to the execution of the planned share buyback.
Zagreb, Croatia, November 2, 2026 - Croatian investment group BOSQAR INVEST (BOSQAR d.d. - ZSE: BSQR) announced on Monday the first round of an offer to buy back its treasury shares for a total amount of up to EUR 6 million, open to all shareholders of the Company.
The Offer is being conducted pursuant to the resolution of the General Assembly of BOSQAR d.d. dated May 11, 2026, authorizing the Management Board to acquire the Company's treasury shares.
The announced Offer forms part of a planned return of value to shareholders totaling up to EUR 7.4 million, which, in addition to the buyback of up to EUR 6 million through the current Offer, also includes share buybacks already carried out during this year.
From January 1 to October 30, 2026, the Company bought back treasury shares for a total amount of EUR 1,477,373.60.
The resolution on the acquisition of treasury shares authorizes the Management Board to acquire shares at a price that may not be more than 10% above or more than 10% below the average market price recorded for those shares on the trading day preceding the date of acquisition.
Offer Rounds, Timeline, and Terms
The first round of the Offer will run from November 5 to December 17, 2026, and all shareholders of the Company are eligible to participate, subject to the terms of the published Offer. This allows all shareholders wishing to participate in the Offer to declare their acceptance and submit the required documentation in a timely manner, in accordance with the procedures and deadlines specified in the Offer.
Each shareholder may accept the Offer in respect of one share for every 86 shares held in the Company, while shareholders holding fewer than 86 shares are entitled to accept the Offer in respect of one share. If the total value of shares tendered exceeds the planned amount of EUR 6 million, the buyback will be carried out on a pro rata basis according to the number of shares for which shareholders have accepted the Offer.
The final buyback price will be determined after the expiry of the first round of the Offer, in accordance with the resolution of the General Assembly and the prescribed conditions for determining the price in relation to the market price of the shares. The Company will announce the final price no later than the next business day following the expiry of the Offer, through its website and the Zagreb Stock Exchange.
If the full planned amount of EUR 6 million is not utilized during the first round, BOSQAR will conduct a second round of the Offer, intended exclusively for shareholders who did not participate in the first round. The second round will be conducted under substantially the same terms, with the possibility of a different final buyback price. If a second round is conducted, BOSQAR will inform the public through its website and the Zagreb Stock Exchange.
How to Accept the Offer
Shareholders wishing to accept the Offer must submit the relevant documentation to the Central Depository & Clearing Company (SKDD), in person, by post or electronically, in accordance with the terms and instructions set out in the official text of the Offer.
Full details of the buyback terms, participation procedures and required documentation are available in the official Offer for the Purchase and Acquisition of Treasury Shares of BOSQAR d.d. in the First Round, available at: https://eho.zse.hr/obavijesti-izdavatelja/view/69542.
Subject to the execution of the planned share buyback, BOSQAR has offered shareholders a return of approximately EUR 10 million this year through the repurchase of treasury shares and dividend payments.