Cellnex repurchases 4,920,656 shares: target for Cellnex stock is EUR 40.00

Published on 10/16/2026 at 09:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Buyback reached 4,920,656 shares for EUR 124.0 million. Cellnex stock costs EUR 25.63 on October 16, 2026, 56.07 percent below EUR 40.00.

Buyback and reporting dates

On October 14, 2026, Cellnex had repurchased 4,920,656 shares.
First-half 2026 free cash flow reached EUR 301 million, up from EUR 19 million.
Cellnex is scheduled to publish its next quarterly results on November 5, 2026.

Isometrische Grafik von Funkmast, Rechenzentrum und vernetzten Gebäuden — Isometrische 3D-Grafik der Netzwerkinfrastruktur zeigt Wertschöpfungskette von Cellnex Telecom S.A., ISIN ES0105066007, Illustration mit AI erstellt.

Cellnex Telecom (ISIN ES0105066007) had repurchased 4,920,656 shares for EUR 124.0 million by October 14, 2026, equal to 62.00 percent of the EUR 200.0 million program. TipRanks reported the transaction details and cited a EUR 40.00 price target.

Buyback reaches 62 percent

The buyback is the clearest near-term capital-allocation figure for Cellnex. The company has used EUR 124.0 million of the maximum EUR 200.0 million, while the weighted average purchase price for the latest tranche was EUR 23.00, according to TipRanks.

What does cash flow change?

Cellnex reported first-half 2026 free cash flow of EUR 301 million, compared with EUR 19 million in the first half of 2025. The figure supports the companys 2026 shareholder-remuneration plan, which includes EUR 200 million of additional buybacks, according to the Cellnex investor-relations page.

Three dates frame the story

On July 30, 2026, Cellnex reported first-half free cash flow of EUR 301 million. On October 2, 2026, Deutsche Bank cut its price target from EUR 42.50 to EUR 40.00 while maintaining a Buy recommendation, as reported by Benzinga. On October 14, 2026, the company disclosed that 4,920,656 shares had been repurchased.

Next results arrive November 5

Cellnex lists November 5, 2026, as the date for its next quarterly results. That release should provide the next reported checkpoint for cash flow, leverage and progress toward the annual remuneration plan.

Stock trades above EUR 25

Cellnex stock was trading at EUR 25.63 at Lang & Schwarz on October 16, 2026, at 9:35 a.m. CEST. The price was 56.07 percent below the EUR 40.00 target cited by TipRanks, making the gap between the market quote and analyst valuation a central reference for the buyback story. The further course of trading is shown by the continuously updated real-time quote of Cellnex stock.