tiprankstipranks
Advertisement
Advertisement

Siemens Energy Buys Back 5.8 Million Shares in March Program

Story Highlights
  • Siemens Energy repurchased 1.55 million shares between March 23 and March 29, 2026.
  • The firm has bought 5.85 million shares since March 4, signaling confidence and supporting capital strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Siemens Energy Buys Back 5.8 Million Shares in March Program

Claim 55% Off TipRanks

Siemens Energy ( (DE:ENR) ) just unveiled an announcement.

Siemens Energy AG reported that it repurchased 1,550,342 shares between March 23 and March 29, 2026, as part of its ongoing share buyback program launched earlier in the month. The purchases were executed via Xetra and multilateral venues CBOE DXE, Aquis Exchange Europe, and Turquoise Europe at varying daily average prices.

In total, the company has acquired 5,847,582 shares since the program began on March 4, 2026, with an external institution mandated to carry out the trades. The buyback reduces the free float and can support earnings per share and capital allocation objectives, signaling management’s confidence in the company’s valuation and long-term prospects to shareholders.

The most recent analyst rating on (DE:ENR) stock is a Buy with a EUR166.00 price target. To see the full list of analyst forecasts on Siemens Energy stock, see the DE:ENR Stock Forecast page.

More about Siemens Energy

Siemens Energy AG is a German energy technology company focused on power generation, transmission, and related services for global utilities and industrial customers. Its shares are listed on the regulated market in Frankfurt and traded on several other German exchanges and multilateral trading platforms, reflecting broad investor access to the stock.

YTD Price Performance: 20.45%

Average Trading Volume: 2,464,791

Technical Sentiment Signal: Buy

Current Market Cap: €123B

See more data about ENR stock on 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