BMW's Buyback Rolls On as China Slide and Regensburg Snags Test the Story
Published on 10/26/2026 at 06:30 | Editorial boerse-global.de
BMW kept its foot on the accelerator of its share repurchase program in mid-October, picking up another 245,796 ordinary shares between October 12 and 18, according to an interim report published on October 20. The purchases fall under the 2025/2027 buyback scheme, and the third tranche now stands at 9,145,127 shares repurchased, with a total outlay of EUR 532,147,668.28.
That steady drip of buyback news landed alongside a less comfortable set of operating figures. On October 13, the BMW Group reported that worldwide deliveries in the third quarter of 2026 came to 551,072 vehicles, a drop of 6.3% from the same period a year earlier. Over the first nine months, global sales reached 1,707,799 units, down 4.9% year on year.
Battery-electric vehicles were the exception to the downward trend. Deliveries of fully electric cars climbed 7.2% to 110,257 in the third quarter. Regional performance was mixed: Europe posted growth of roughly 4.5% and the US 3.4%, while China bore the brunt of the weakness, with sales tumbling 24.8% to 114,355 vehicles, according to a dpa-AFX report.
Analysts are recalibrating. Jefferies kept BMW at "Hold" on October 20 and reiterated its EUR 60 price target, with analyst Philippe Houchois revising his estimates in the wake of the company's preliminary third-quarter disclosures. The rating itself was left untouched despite the updated numbers.
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On the production side, a bottleneck emerged at the Regensburg plant, where output was throttled over the weekend because of short-notice shortages of supplier parts. BMW confirmed isolated shift cancellations and said it was working to restore supply as quickly as possible.
The company also had progress to report on the technology front. Together with IONNA and Alpitronic, the BMW Group demonstrated DC charging at up to 460 kW on the new BMW iX5 60 xDrive on October 20, a test that also verified additional range gained through high-power charging.
Meanwhile, BMW's voluntary severance program in Germany has closed ahead of schedule, the company confirmed to Handelsblatt on October 20. The targeted number of participants was reached, and no further applications could be submitted; BMW did not disclose how many employees had expressed interest. Decisions on the applicants are due by mid-November, at which point they will learn whether a termination agreement has been concluded.
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Investors now have a firm date to circle: BMW will publish its third-quarter 2026 report on November 4.
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