Repsol reports buyback transactions. Repsol stock falls 1.57 percent

Published on 10/01/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Repsol stock costs EUR 29.52 on October 1, 2026 after EUR 29.99, down 1.57 percent. The 52-week high is EUR 31.64, and market value is EUR 32.1 billion.

Große Raffinerieanlage mit beleuchteten Türmen an der Küste bei Sonnenuntergang — Repsol S.A. (ISIN ES0173516115) betreibt große Raffinerien und petrochemische Anlagen an der spanischen Küste effizient, Illustration mit AI erstellt.

Repsol reported transactions under its share buyback program for September 23-29, 2026, in an investor-relations update dated September 30, 2026, published by Repsol. Repsol stock was trading at EUR 29.52 at Lang & Schwarz on October 1, 2026 at 2:03 p.m. CEST, down 1.57 percent versus the prior close of EUR 29.99.

Buyback activity sets the near-term theme

The update keeps capital returns central to the Repsol story. The transactions cover the latest reported tranche of an ongoing program, while the company investor page also lists earlier purchases for September 16-22 and September 9-15, 2026.

That sequence matters because buybacks can reduce the share count while refining margins support cash generation. The market capitalization stood at EUR 32.1 billion on October 1, 2026, and the Lang & Schwarz quote remained EUR 2.12 below the 52-week high of EUR 31.64.

Berenberg lifts its target to EUR 37.50

Expansion reported on September 14, 2026, that Berenberg raised its Repsol price target from EUR 31.00 to EUR 37.50 and maintained a buy recommendation. The target lies 27.02 percent above the EUR 29.52 Lang & Schwarz price, using both values in euros.

The same report tied the higher valuation to stronger refining margins and a larger expected buyback. A separate Benzinga report said Berenberg lifted its 2026 repurchase estimate from EUR 1.25 billion to EUR 1.80 billion and modeled an additional EUR 950.0 million program in October.

October results will test the thesis

For operating performance, the first half of 2026 provides the latest periodized comparison. Benzinga reported that Repsol's Industrial segment generated adjusted net income of EUR 1.683 billion, versus EUR 235.0 million in the first half of 2025, with refining margins identified as the main driver.

Benzinga also reported that Repsol is expected to publish third-quarter results on October 29, 2026, after releasing operating data during the week of October 5, 2026. Those dates give investors a clear checkpoint for refining performance, operating cash flow and the scale of any additional buyback.

Stock remains below its yearly high

Repsol was last quoted at EUR 29.52 at Lang & Schwarz on October 1, 2026 at 2:03 p.m. CEST, compared with a prior close of EUR 29.99 and a daily change of minus 1.57 percent. The primary listing is on BME Madrid in euros, while the 52-week range was EUR 13.96 to EUR 31.64 as of October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Repsol stock.