Iveco joins Toyota hydrogen project and Iveco stock sits 27.55 percent below its high

Iveco (ISIN NL0015000LU4) stock was trading at EUR 14.28 at Lang & Schwarz on October 8, 2026 at 2:34 p.m. CEST, 27.55 percent below its EUR 19.71 52-week high. As Ground News reported on October 8, 2026, Iveco and Toyota joined the EU-funded EMPOWER project for next-generation hydrogen fuel-cell trucks.

Three milestones shape the deal

According to GCN on September 25, 2026, Iveco completed the sale of its defense business to Leonardo on March 17, 2026, for EUR 1.60 billion. On September 4, 2026, Tata Motors launched its EUR 14.10-per-share tender offer for Iveco. The October 8 hydrogen project adds a 900 km range and 25,000 hours of expected fuel-cell durability to the latest strategic narrative.

What does the vote change?

The Tata offer remains the immediate corporate anchor. GCN reported that acceptance requires 95.00 percent of common shares, with the threshold falling to 80.00 percent if shareholders approve the related resolution. Exor has committed to tender 27.06 percent of the common shares and 43.19 percent of voting rights, giving the meeting a concrete ownership backdrop.

Dates set the next decision points

According to GCN, the extraordinary general meeting is scheduled for October 16, 2026, and the tender acceptance period ends on October 26, 2026. The two dates frame the choice between a 95.00 percent acceptance test and the lower 80.00 percent threshold.

Stock remains below its yearly high

Iveco was trading at EUR 14.28 at Lang & Schwarz on October 8, 2026 at 2:34 p.m. CEST, up 0.28 percent versus the Lang & Schwarz prior close of EUR 14.24. The quoted price sits EUR 5.43 below the 52-week high of EUR 19.71, while the market capitalization was EUR 3.8 billion as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Iveco stock.

Market context: Market report FTSE MIB.

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