Cellnex Nears Halfway Mark in €250 Million Share Buyback Programme

Cellnex Telecom SA ( (ES:CLNX) ) has shared an update.

Cellnex Telecom has disclosed the latest tranche of purchases under its ongoing share buyback programme, acquiring 221,596 shares between 16 and 20 March 2026 on the Madrid exchange at a weighted average price of €28.51. The transactions, executed by Citigroup Global Markets Europe AG, bring the total repurchased shares to 9,508,344 for €250.6 million, representing about half of the maximum investment authorised under the programme and signalling continued capital returns and balance-sheet management for shareholders.

The pace of buybacks underscores Cellnex’s commitment to executing the previously approved capital allocation plan, which may support earnings per share and provide a floor for the stock price. By progressing to roughly 50% of the planned outlay, the company demonstrates financial flexibility and confidence in its valuation, while maintaining transparency to the market through detailed disclosure of trading activity.

The most recent analyst rating on (ES:CLNX) stock is a Hold with a EUR26.00 price target. To see the full list of analyst forecasts on Cellnex Telecom SA stock, see the ES:CLNX Stock Forecast page.

More about Cellnex Telecom SA

Cellnex Telecom SA is a European wireless telecommunications infrastructure operator that owns and manages mobile towers and related sites. The company provides connectivity infrastructure services to mobile network operators and other clients, focusing on long-term contracted revenues across its core European markets.

Average Trading Volume: 1,661,658

Technical Sentiment Signal: Sell

Current Market Cap: €17.29B

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