Siemens Energy has launched a share buyback program valued at up to €1 billion. The repurchase period begins on June 4, 2026. The program will conclude no later than September 30, 2026.
The company will acquire a maximum of 57 million no-par-value shares. An independent financial institution will execute the buyback on the open market. All transactions will comply with regulatory requirements.
The program will service share-based compensation for employees and executives. Siemens Energy may also cancel the acquired shares. This action follows authorization from the February 2024 Annual General Meeting.