Shareholder remuneration

In our 2024-2027 Strategic Update the company increased the cash dividend by approximately 30% in 2024, to 0.9 euros per share (1.095 billion euros in total) and committed to increasing it by 3% annually. With this, 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 over the next four years. This target is equivalent to distributing between 25% and 35% of cash flow from operations.

In addition, Repsol redeemed 370 million shares between 2022 and 2024, placing its share capital at 1.157 billion shares.

Calculator and summaries

See the overview and total return for Repsol shares and use the calculator to find out the shareholder remuneration.

Year	Date of payment	Description	Amount (€)	Total (€ Gross)
2025	January 14, 2025	Dividend	0.475
2024	July 8, 2024	Dividend	0.50	0.90
	January 11, 2024	Dividend	0.40
2023	July 6, 2023	Dividend	0.35	0.70
	January 11, 2023	Dividend	0.35
2022	July 7, 2022	Dividend	0.33	0.63
	January 11, 2022	Dividend	0.3
2021	July 7, 2021	Dividend	0.3	0.588
	Jan 12, 2021	Flexible Dividend Program	0.288
2020	July 8, 2020	Flexible Dividend Program	0.492	0.916
	Jan 9, 2020	Flexible Dividend Program	0.424
2019	July 8, 2019	Flexible Dividend Program	0.505	0.916
	Jan 11, 2019	Flexible Dividend Program	0.411
2018	July 10, 2018	Flexible Dividend Program	0.485	0.873
	January 9, 2018	Flexible Dividend Program	0.388
2017	July 4, 2017	Flexible Dividend Program	0.426	0.761
	January 10, 2017	Flexible Dividend Program	0.335
2016	July 6, 2016	Flexible Dividend Program	0.292	0.758
	January 12, 2016	Flexible Dividend Program	0.466
2015	July 8, 2015	Flexible Dividend Program	0.484	0.956
	January 13, 2015	Flexible Dividend Program	0.472
2014	July 9, 2014	Flexible Dividend Program	0.485	1.962
	June 6, 2014	Additional interim dividend	1.00
	January 14, 2014	Flexible Dividend Program	0.477
2013	July 9, 2013	Flexible Dividend Program	0.445	0.958
	June 20, 2013	Cash dividend (€0.04)	0.04
	January 15, 2013	Flexible Dividend Program	0.473
2012	July 10, 2012	Flexible Dividend Program	0.545	1.1225
	January 10, 2012	Interim dividend	0.5775
2011	July 7, 2011	Additional dividend	0.525	1.05
	January 13, 2011	Interim dividend	0.525
2010	July 8, 2010	Additional dividend	0.425	0.425
2009	December 22, 2009	Interim dividend	0.425	1.475
	July 9, 2009	Additional dividend	0.525
	January 15, 2009	Interim dividend	0.525
2008	July 9, 2008	Additional dividend	0.5	1.00
	January 15, 2008	Interim dividend	0.5
2007	July 9, 2007	Additional dividend	0.36	0.72
	Jan 11, 2007	Interim dividend	0.36
2006	July 5, 2006	Additional dividend	0.3	0.6
	January 12, 2006	Interim dividend	0.3
2005	July 5, 2005	Additional dividend	0.25	0.5
	Jan 11, 2005	Interim dividend	0.25
2004	July 1, 2004	Additional dividend	0.2	0.4
	January 15, 2004	Interim dividend	0.2
2003	July 15, 2003	Additional dividend	0.16	0.31
	January 22, 2003	Interim dividend	0.15
2002	Jan 11, 2002	Interim dividend	0.21	0.21
2001	July 12, 2001	Additional dividend	0.31	0.5
	January 11, 2001	Interim dividend	0.19
2000	July 13, 2000	Additional dividend	0.26	0.42
	January 13, 2000	Interim dividend	0.16
1999	July 1, 1999	Additional dividend	0.25	0.44
	January 14, 1999	Interim dividend	0.19
1998	July 14, 1998	Additional dividend	0.22	0.4
	January 9, 1998	Interim dividend	0.178
1997	July 9, 1997	Additional dividend	0.2	0.358
	January 9, 1997	Interim dividend	0.158
1996	July 5, 1996	Additional dividend	0.2	0.356
	January 8, 1996	Interim dividend	0.156