Buzzi continues share buybacks, shares trade lower on Milan listing

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 11:29.

Buzzi (IT0001347308) has reported another tranche in its ongoing share buyback program. According to an Alliance News report, the Italian cement producer's shares currently trade on the Milan exchange, giving the stock a clear European anchor for investors.Alliance News update on Buzzi buybacks

Fresh buyback tranche in June

Between June 15 and June 19, Buzzi bought 33,104 treasury shares at an average price of €47.2614 per share, for a total consideration of nearly €1.6 million, as reported by Alliance News.German-language Alliance News coverage Following these transactions, the company now holds 15.5 million treasury ordinary shares, equal to 8.0% of its share capital.Alliance News update on Buzzi buybacks

The buyback continues a capital management policy that Buzzi has used alongside dividends in recent years, a common approach among European building materials peers such as Heidelberg Materials and Holcim to return cash to shareholders while adjusting capital structure.

Consensus view on the stock

On the over-the-counter market in the United States, Buzzi's BZZUF shares recently quoted at about $49.44, giving the group a market capitalization close to $8.95 billion per MarketBeat data.MarketBeat profile on Buzzi MarketBeat lists the consensus rating as "Hold", with no aggregate price target published at the moment.MarketBeat consensus snapshot

The presence of the stock on the OTC markets under ticker BZZUF adds a secondary venue beyond the primary Milan listing, reflecting modest international follow-through compared with larger cement peers such as Holcim and Cemex, which trade directly on major indices like the SMI and the NYSE.

The business behind the stock

Buzzi generates its revenues primarily from the production and distribution of cement, ready-mix concrete and aggregates for construction projects. The group operates plants and batching facilities across Italy, the United States and other markets, supplying material for infrastructure, residential building and industrial projects as a core part of the global construction value chain.MarketBeat description of Buzzi’s activities

Where the shares trade today

The Buzzi shares (IT0001347308) most recently traded around €45.70 on the Milan exchange, with that price level reported in the Alliance News dispatch as of June 19, 2026.Alliance News update on Buzzi buybacks

This article is for informational purposes only and does not constitute investment advice, an offer, or a recommendation to buy or sell any securities. All data are based on sources believed to be reliable at the time of publication but may change without notice.