Allegro raises buyback cap to PLN 65 for Allegro stock

Published on 10/12/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allegro lifted its maximum buyback price from PLN 50 to PLN 65. Allegro stock costs EUR 11.90 on October 12, 2026.

Key points in brief

Allegro raised the maximum buyback price from PLN 50 to PLN 65 on October 1, 2026.
H1 2026 revenue rose 16.30 percent to PLN 6.29 billion and adjusted EBITDA increased 16.90 percent.
The stock was at EUR 11.90 at Lang & Schwarz on October 12, 2026 at 10:16 a.m. CEST.
Citi cut Allegro to Neutral while raising its target from PLN 42 to PLN 52 on October 1, 2026.

Allegro, LU2237380790, Illustration mit AI erstellt.

Allegro (ISIN LU2237380790) was at EUR 11.90 at Lang & Schwarz on October 12, 2026 at 10:16 a.m. CEST. On October 1, 2026, the company proposed raising the maximum buyback price from PLN 50 to PLN 65, according to BIZNES24. The proposal keeps the total buyback authorization at PLN 1.60 billion and requires shareholder approval on November 18, 2026.

Three buyback milestones carry figures

On June 25, 2026, shareholders authorized a buyback of up to PLN 1.60 billion, with a maximum purchase price of PLN 50 per share, according to MarketScreener.

On September 22, 2026, Allegro launched Phase II, allowing purchases of up to 42.11 million shares for PLN 800.00 million, with the program running no later than June 25, 2027, the same MarketScreener release said.

The October 1 proposal is the latest step and raises the ceiling by PLN 15 per share. The stated reason was that the previous cap could restrict execution of the remaining PLN 800.00 million authorization as the share price approached PLN 50.

H1 growth supports the capital return

For the first half of 2026, Allegro reported revenue and other operating income of PLN 6.29 billion, up 16.30 percent from PLN 5.41 billion in the first half of 2025. Adjusted EBITDA reached PLN 1.96 billion, an increase of 16.90 percent from PLN 1.68 billion, according to GPW Alert.

The same report showed Polish GMV of PLN 35.00 billion, up 11.80 percent year over year, while adjusted EBITDA in Poland rose 14.60 percent to PLN 2.17 billion. The comparison matters because the profitable Polish operation is financing expansion in international markets, where GMV grew 64.80 percent to PLN 1.86 billion but adjusted EBITDA remained negative at PLN 208.70 million.

What does the buyback change mean?

The higher cap gives Allegro more room to execute its authorized repurchases, but it does not itself guarantee that the full PLN 800.00 million Phase II amount will be spent. Citi downgraded Allegro to Neutral from Buy while raising its target from PLN 42 to PLN 52 on October 1, 2026, citing valuation after the rally, according to Markets Insider.

Next dates are November 2026

Allegro is scheduled to publish its third-quarter 2026 results on November 12, 2026, according to Investing.com. Shareholders are due to vote on the higher buyback ceiling on November 18, 2026, according to BIZNES24.

Allegro stock keeps the market value in view

Allegro had a market capitalization of PLN 53.1 billion on October 12, 2026, while its Warsaw Stock Exchange 52-week range was PLN 25.53 to PLN 52.69. The current euro quotation puts the buyback decision alongside a reporting calendar that will soon test whether the first-half growth rates carried into the third quarter.

The further course of trading is shown by the continuously updated real-time quote of Allegro stock.