Terna stock completes EUR 9 million buyback program

Published on 10/06/2026 at 15:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Terna stock was trading at EUR 9.11 on October 6, 2026, as the company completed a EUR 9 million buyback. H1 revenue rose 12 percent to EUR 2.1 billion.

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Terna stock (ISIN IT0003242622) was trading at EUR 9.11 on Borsa Italiana on October 6, 2026, up 0.24 percent from the prior close. The company completed a EUR 9 million buyback program on October 5, giving investors a fresh capital-allocation signal.

Buyback reaches its limit

According to Repubblica on October 5, 2026, Terna purchased 977,579 treasury shares for a total consideration of EUR 8,999,995.96. The program began on September 14 and supported the 2026-2030 Performance Share Plan.

The final tranche covered 370,879 shares bought between September 28 and October 1 at a weighted average price of EUR 9.2018. Terna held 4,425,425 treasury shares on October 5, equal to 0.22 percent of its share capital, according to Marketscreener.

H1 growth meets higher investment

Terna reported H1 2026 revenue of EUR 2.1 billion, up 12 percent from H1 2025, while EBITDA increased 8 percent to EUR 1.5 billion. Net income rose 1 percent to EUR 591 million as higher financial and tax costs limited the conversion of operating growth into earnings, according to Investing.com.

Capital expenditure reached EUR 1.6 billion in the first half, up 20 percent year over year, while net debt stood at EUR 12.6 billion, down EUR 0.5 billion from the end of 2025. The combination points to a capital-intensive expansion phase in the regulated grid business rather than a purely earnings-led story.

Analysts see a Neutral balance

Investing.com reports a Neutral consensus from 20 analysts, including 4 Buy, 12 Hold and 3 Sell ratings. The average 12-month price target is EUR 9.845, with a high estimate of EUR 11.2 and a low estimate of EUR 8.65; the published consensus indicates 8.30 percent upside.

JPMorgan raised its Terna price target to EUR 9.55 from EUR 9.25 on September 16, 2026, while retaining a Neutral rating, as reported by Markets Insider.

Terna stock stays below its yearly high

Terna stock was trading at EUR 9.11 at 3:09 p.m. CEST on October 6, 2026. Its 52-week range was EUR 8.53 to EUR 10.41, while market capitalization stood at EUR 18.3 billion and volume reached 1,022,448 shares.