Business Context and Reporting Period
Company: The Magnum Ice Cream Company N.V. (TMICC)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: September 3, 2026
Subject: Update on Share Purchase for Long-Term Incentive Plans (LTIP).
This filing details the execution of forward contracts to acquire ordinary shares to cover obligations arising from the Company's long-term incentive plans. The reporting period for this specific update covers transactions from August 28, 2026, through September 2, 2026.
Key Financial Metrics and Transaction Data
The filing does not contain standard financial performance metrics such as revenue, profit, cash flow, or debt levels. It focuses exclusively on share repurchase activity.
| Transaction Date | Shares Acquired | Average Daily Purchase Price (€) | Total Purchase Amount (€) |
|---|---|---|---|
| 28 August 2026 | 211,675 | 17.29151 | 3,660,180.38 |
| 31 August 2026 | 254,000 | 17.51756 | 4,449,460.24 |
| 1 September 2026 | 310,000 | 17.45429 | 5,410,829.90 |
| 2 September 2026 | 305,091 | 16.94677 | 5,170,307.01 |
| Total (Period) | 1,080,766 | - | 18,690,777.53 |
Cumulative Total: Since the announcement on August 18, 2026, the Company has acquired a total of 3,916,615 ordinary shares.
Venues: Purchases were executed across Euronext, CBOE, DXE, and Turquoise Europe.
Material Changes
The filing reports the continuation of a share buyback program initiated on August 18, 2026, with a target of up to 5.5 million ordinary shares. The Company has acquired approximately 71% of the targeted shares within the first two weeks of the program.
Share prices fluctuated during the reporting period, ranging from a low of approximately €16.83 to a high of approximately €17.68 in the detailed trade logs, with the average daily price for the reporting period ranging between €16.95 and €17.52.
Guidance, Outlook, and Risks
Management Commentary: The Company stated the purpose of the purchases is to cover obligations arising from its long-term incentive plans. No specific financial guidance or operational outlook was provided in this filing.
Risks and Contingencies: The filing does not disclose new material risks or contingencies beyond the standard execution of the share purchase program.
Important Facts for Investors to Verify
- Program Progress: Verify the remaining balance of the 5.5 million share authorization and the timeline for completion.
- Share Price Impact: Monitor the impact of these significant repurchases on the Company's share price and market capitalization.
- LTIP Structure: Review the specific terms of the Long-Term Incentive Plans to understand the vesting schedules and performance conditions associated with the acquired shares.
- Financial Statements: Consult the most recent Form 20-F or quarterly reports for comprehensive revenue, profit, and liquidity data, as this Form 6-K contains only transactional data.