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The latest announcement is out from Repsol ( (ES:REP) ).
Repsol’s Board of Directors is proposing a capital reduction by canceling specific treasury shares, acquired through a buyback program and derivatives settlements, with an investment of up to 300 million euros. Additionally, the company plans to pay a complementary dividend of 0.5 euros per share, enhancing shareholder remuneration to 0.975 euros per share in 2025, potentially strengthening its market position and shareholder value.
More about Repsol
Repsol, S.A. operates in the energy sector, focusing primarily on oil, gas, and related products. It is a significant player in the global energy market, with operations spanning exploration, production, refining, and distribution.
YTD Price Performance: 7.24%
Average Trading Volume: 707,779
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €13.94B
For a thorough assessment of REP stock, go to TipRanks’ Stock Analysis page.
