Engie Initiates Share Buyback Program for Up to 2.2 Million Shares Starting January 12, 2026
Engie has announced a share buyback program to acquire up to 2.2 million shares over a 10-day period starting January 12, 2026, with a maximum purchase price of 30 euros per share. The company, a leader in energy transition, is investing €22-25 billion from 2023 to 2025 in renewables and aims to reduce CO2 emissions by 55% by 2030. Despite declining energy prices, Engie projects a net recurring income of nearly €5 billion by 2025.
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Engie has announced the implementation of a share buyback program, entrusting an investment service provider with acquiring a maximum of 2.2 million shares over a 10-day period beginning January 12, 2026. The purchase price per share will not exceed 30 euros, as determined by the shareholders' meeting on April 24, 2025.
Engie, formed from the 2008 merger of GDF-Suez, is a leader in energy transition with activities worth €73.8 billion. It operates primarily in France (44%), other European countries (38%), and the Americas (12.5%).
The company's investment plan for 2023-2025 totals €22-25 billion, focusing on renewables and decentralized infrastructure. Engie aims to reduce total CO2 emissions by 55% by 2030 compared to 2017 levels and has set ambitious production targets for wind, hydrogen, and biomethane. Despite a decline in energy prices, the company expects a solid financial profile with net recurring income close to €5 billion by 2025.
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