Audax Renovables Advances Share Buyback, Acquires Over a Third of Planned Shares

Audax Renovables SA ( (ES:ADX) ) has issued an update.

Audax Renovables has reported new transactions under its ongoing share buyback programme, authorised by shareholders in June 2025, purchasing its own shares on the Madrid stock exchange between 7 and 13 April 2026 at average prices around €1.45 per share. These operations, executed through Banco Sabadell and disclosed in line with EU market abuse rules, are part of a broader plan to repurchase up to 15 million shares, around 3.30% of its capital.

Following the latest purchases, the company has acquired 36.32% of the maximum number of shares envisaged in the programme, for a total cash outlay of €7.27 million. The continued execution of the buyback signals management’s commitment to capital allocation policies that may enhance earnings per share and shareholder value, while gradually reducing the free float of Audax Renovables’ stock.

More about Audax Renovables SA

Audax Renovables SA is a Spanish energy company focused on renewable power generation and electricity and gas supply, with its shares listed on the Spanish stock exchange under the ticker ADX.MC. The group targets growth in the Iberian and European energy markets, where it competes as an integrated player across generation and retail activities.

Average Trading Volume: 348,390

Technical Sentiment Signal: Buy

Current Market Cap: €652M

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