Repsol (ES:REP) has released an update.
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Repsol has successfully completed its share buyback program, acquiring 20 million shares, which represents approximately 1.70% of its share capital. As a result, the company has reduced its share capital by 20 million euros, enhancing shareholder value by increasing earnings per share. The completion and subsequent share amortization mark a strategic move to optimize capital structure and shareholder returns.
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