trending Market Intelligence /marketintelligence/en/news-insights/trending/a_3qj58axuzkkhqld0s0bg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Repsol launches €1.26B buyback program

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Repsol launches €1.26B buyback program

Spanish energy giant Repsol SA announced Sept. 3 that it will repurchase 62,705,079 of its shares, or 3.93% of its share capital, in a €1.26 billion buyback program.

Shares will be purchased at market price with the company adding that it will not buy more than 25% of the average daily volume of its shares in the venue where the trade is carried out.

The program will run from Sept. 4 to Dec. 21 with the company reserving the right to terminate the program early if its purpose has been fulfilled or "if any other circumstance exists making it either advisable or necessary."