Repsol (ES:REP) has released an update.
Repsol S.A. has initiated a share buyback program to acquire 20 million of its own shares, representing 1.70% of its share capital, with a maximum investment set at €421.26 million. The buyback, starting on August 7, 2024, and ending on December 31, 2024, is aimed at reducing the company’s share capital and will adhere to market price conditions. Repsol reserves the right to conclude the program early if its objectives are met before the scheduled end date.
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