Repsol targets higher dividends and oil output following strong quarterly profit

Repsol plans to increase its dividend by nearly eight percent while boosting oil production. It also expects to maintain share buybacks for the year.

Insights:
Repsol, S.A. announced on 19 February 2026 that it will maintain its share buyback program at €700 million and increase its dividend by 7.8% to €1.051 per share. The company, which is headquartered in Spain ESES, indicated that these decisions are intended to reallocate capital to shareholders while adjusting operational output expectations.
A woman walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, January 9, 2026. REUTERS/Susana Vera
A woman walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, January 9, 2026. REUTERS/Susana Vera
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