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Audax Renovables Advances Share Buy-Back, Acquires Over 20% of Authorised Volume

Story Highlights
  • Audax Renovables continued executing its share buy-back, purchasing stock on XMAD.
  • The company has acquired 20.77% of the authorised 15 million shares, spending €4.16 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Audax Renovables Advances Share Buy-Back, Acquires Over 20% of Authorised Volume

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Audax Renovables SA ( (ES:ADX) ) just unveiled an update.

Audax Renovables has reported the latest tranche of transactions under its ongoing share buy-back programme, detailing purchases of its own shares on the Madrid Stock Exchange (XMAD) between 19 and 23 January 2026 at average prices around €1.30–€1.33 per share. Following these acquisitions, the company has now bought 20.77% of the maximum 15 million shares authorised under the programme, equivalent to about 3.30% of its share capital, for a total outlay of €4.16 million, reinforcing its capital management strategy and signalling continued commitment to shareholder-focused policies in line with EU market-abuse and Spanish securities regulations.

The most recent analyst rating on (ES:ADX) stock is a Hold with a EUR1.50 price target. To see the full list of analyst forecasts on Audax Renovables SA stock, see the ES:ADX Stock Forecast page.

More about Audax Renovables SA

Audax Renovables, S.A. is a Spanish energy company listed in Madrid (ticker ADX.MC) and focused on the renewable power sector, operating as a vertically integrated player in generation and commercialisation of electricity from renewable sources for customers in its core European markets.

Average Trading Volume: 379,552

Technical Sentiment Signal: Hold

Current Market Cap: €603.1M

See more data about ADX stock on TipRanks’ Stock Analysis page.

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