tiprankstipranks
Advertisement
Advertisement

Repsol Concludes Share Buyback and Executes Capital Reduction

Repsol Concludes Share Buyback and Executes Capital Reduction

Repsol (ES:REP) has released an update.

Claim 30% Off TipRanks

Repsol has completed its share buyback program, acquiring the maximum target of 35 million shares and concluding the program ahead of schedule. The company also executed a capital reduction by redeeming 40 million treasury shares, aimed at enhancing shareholder returns by increasing earnings per share. This capital reduction has resulted in a new share capital of 1,177,396,053 euros.

For further insights into ES:REP stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1