Siemens Energy stock trades as EUR 2 billion buyback begins

Published on 09/24/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens Energy stock was at EUR 145.04 on September 24, 2026, while Q3 revenue reached EUR 11.4 billion. Net income rose to EUR 1.188 billion from EUR 697 million.

Große Gasturbine wird in einer Werkshalle von Technikern montiert und inspiziert — Siemens Energy AG (DE000ENER6Y0) fertigt große Gasturbinen für Kraftwerke, hier eine Werkshalle mit laufender Montage, Illustration mit AI erstellt.

Siemens Energy stock (ISIN DE000ENER6Y0) was trading at EUR 145.04 on Xetra on September 24, 2026, up 0.35 percent. The company is starting a share buyback of up to EUR 2 billion on the same date, giving the market a concrete capital allocation signal.

EUR 2 billion buyback starts

According to TradingView, the program can acquire a maximum of 50 million shares through March 31, 2027. The stated purposes are employee share programs and the cancellation of acquired shares.

The size matters because the buyback is nearly 1.6 percent of the companys current market capitalization of EUR 124.059 billion, based on the maximum EUR 2 billion authorization. That makes the program financially visible even though its stated purpose includes remuneration programs.

Q3 revenue rises 18.5 percent

Siemens Energy reported comparable Q3 FY2026 revenue of EUR 11.4 billion, an increase of 18.5 percent from the prior-year quarter, according to Siemens Energy in its investor relations materials dated August 5, 2026. The same period produced EUR 1.623 billion in profit before special items, compared with EUR 497 million in Q3 FY2025.

Net income increased to EUR 1.188 billion from EUR 697 million, while basic earnings per share rose to EUR 1.28 from EUR 0.71. Free cash flow before taxes also reached EUR 2.319 billion, compared with EUR 419 million a year earlier, according to Siemens Energy.

Stock remains below yearly high

The September 24 Xetra quote stood 24.3 percent below the 52-week high of EUR 191.66 and 55.8 percent above the 52-week low of EUR 93.08. The range puts the current price closer to the middle of the annual trading band than to its upper boundary.

Siemens Energy also confirmed its increased FY2026 outlook, with the profit margin before special items trending toward the upper end of its forecast range, Siemens Energy said in the September 2026 investor calendar. For investors, the combination of double-digit revenue growth and the buyback makes execution against the FY2026 outlook the key measurable checkpoint.

EUR 145.04 on Xetra

Siemens Energy was trading at EUR 145.04 on Xetra on September 24, 2026 at 2:12 p.m. CEST, with a daily gain of 0.35 percent. The company had a market capitalization of EUR 124.059 billion at that time.