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Exor halts 2026 share buybacks to preserve liquidity

CEO John Elkann says Exor will halt share buybacks in 2026 to preserve liquidity. The firm seeks a strong balance sheet amid rising global market volatility.

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EXOR NV, the diversified investment holding company of the Agnelli family in Italy, will refrain from launching new share buyback initiatives this year. Chief Executive John Elkann announced the decision on Tuesday, citing a preference for liquidity during a period of heightened global instability.

A close-up view of the Exor corporate logo, as seen in an illustration from late 2022. REUTERS/Dado Ruvic/Illustration
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