Repsol stock slips from morning quote as buyback stays in focus

Published on 11/02/2026 at 18:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Repsol stock traded at 29.91 euros on Lang & Schwarz late Monday. The company is advancing a 950 million euro buyback announced with strong nine-month results.

Results, Returns and Next Steps

Repsol reported strong nine-month earnings alongside a substantial positive inventory effect.
Cash generation and lower net debt underpin expanded shareholder distributions.
Investors are focused on buyback execution, refining margins and the January dividend.

Repsol, ES0173516115, Illustration mit AI erstellt.

Repsol reported strong third-quarter and nine-month results on Thursday, October 29, and announced a third share buyback program worth up to 950 million euros. The company said higher refining margins, crude oil prices and operating performance supported the results, according to its October 29 press release.

What changed since the latest report

The Lang & Schwarz quote declined from 30.47 euros at 10:44 CET in the latest relevant report on November 2 to 29.91 euros at 18:38 CET. That 1.84% difference provides a fresh market reference for investors, while the underlying earnings and capital-return story remains unchanged.

Repsol stock traded at 29.91 euros on Lang & Schwarz at 18:38 CET on Monday, November 2, 0.07 percent above the Xetra close of Monday, November 2; investors can follow the real-time quote of Repsol stock.

Cash flow supports shareholder returns

Net income for the first nine months reached 5.006 billion euros, including a positive inventory effect of 943 million euros. Adjusted net income was 5.419 billion euros, while operating cash flow reached 6.503 billion euros and net debt stood at 2.038 billion euros at the end of September.

The new buyback follows 850 million euros of repurchases already completed in 2026. Total buybacks are expected to reach 1.8 billion euros, taking combined dividends and buybacks close to 3 billion euros. Repsol also plans an additional gross dividend of 0.56 euros per share for January 2027.

Projects and market factors

Repsol plans to invest 11.5 billion euros in Spanish projects between 2026 and 2030, with 60 percent allocated near its industrial complexes. Full-year upstream production is expected to reach between 560,000 and 570,000 barrels of oil equivalent per day.