TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Endesa SA ( (ES:ELE) ) has shared an announcement.
Endesa S.A. has announced the early termination of the Second Tranche of its Share Buyback Framework Programme, having purchased over 17 million shares at a total cost of 442 million euros. The company is set to initiate a Third Tranche, valued at up to 500 million euros, aimed at reducing share capital through the cancellation of acquired treasury shares, pending shareholder approval.
More about Endesa SA
Endesa S.A. operates in the energy sector, primarily focusing on electricity generation, distribution, and sales. It is a major player in the Spanish and Portuguese markets, providing energy solutions and services.
For a thorough assessment of ELE stock, go to TipRanks’ Stock Analysis page.