Shareholder remuneration

Remuneration and dividends

In our 2024-2027 Strategic Update the company increased the cash dividend by approximately 30% in 2024, to 0.9 euros gross per share (1.095 billion euros) and committed to increasing it by 3% annually until 2027. In 2025 it remunerated 0.975 euros gross per share (1.128 billion euros). Repsol will distribute 4.6 billion euros in cash in the 2024-2027 period.

This remuneration will be complemented with share buybacks of up to 5.4 billion euros, in the expected price environment, thus allocating up to 10 billion euros to remunerate shareholders within the period 24-27. This target is equivalent to distributing between 25% and 35% of cash flow from operations presented in the Strategic Plan 24-27. In addition, Repsol has redemeed 399 million shares between 2022 to date, placing its share capital at 1,128 billion shares.

Next shareholder remuneration

€0.500 per share

Ex-dividend date: 01/12/2026

Date of payment: 01/14/2026

See announcement | PDF | 2.37 MB

Latest shareholder remuneration

€0.500 per share

Ex-dividend date: 07/04/2025

Date of payment: 07/08/2025

See remuneration graph

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Share buyback program

To date acumulated update
Total acumulated investment (€M)	Total shares purchased (M shares)	Last update
300	19.3	12/12/2025
General programme information
Maximum investment (€M)	Implementation date	CNMV implementation comunication
300	09/04/2025	See communication
Completion date	CNMV completion communication
12/12/2025	See communication