Scenario lab
Buyback Impact
Start with official annual financials, then layer today's buyback position on top to see how future repurchases could change free cash flow per share.
Current shares outstanding: 199,226,613
Shares already bought: 16,615,584
Inputs
Adjust the scenario
Free cash flow growth
0%
Assumed average buyback price
EUR 67.46
Repurchased shares
16,615,584
PE multiple
11x
Outputs
Projected free cash flow per share
Baseline: FY 2025, revenue EUR 2,066.5m, FCF EUR 1,120.4m.
Source: Evolution Annual Report 2025.
Projected FCF
EUR 1,120.4m
Before buyback
EUR 5.19
After buyback
EUR 5.62
Shares repurchased
7.7%
Uplift spread
+0.64%
Value Before Buyback
EUR 57.10
Value After Buyback
EUR 61.86
Average Share Price Bought
EUR 67.46
Total Budget Used
EUR 1,121.0m
Per-share uplift from the buyback
+8.34%