BME:REPOil and Gas
Repsol (BME:REP) Valuation Check As Capital Returns Accelerate With New Share Buyback Program
Repsol (BME:REP) has moved to return more capital to shareholders, with the Board authorizing a share buyback of up to 37,500,000 shares for €350 million, in addition to its ongoing cash dividend plans.
See our latest analysis for Repsol.
The buyback announcement follows a strong run in the shares, with a 30 day share price return of 28.59% and a year to date share price return of 32.24%. The 1 year total shareholder return of 98.36% and 5 year total shareholder return of 158.41% indicate...