Repsol, S.A. (BME:REP) announces a share repurchase program. Under the program, the company will repurchase up to 35,000,000 shares, representing approximately 2.87% of its issued share capital. The sole purpose of the Buy-Back program is to acquire part of the own shares that would be later redeemed in the case that the Capital Reduction is approved by the next General Shareholders' Meeting.

The program will expire on July 31, 2024.