Repsol Delivers on All Fronts

Dow Jones10-29 17:59

0959 GMT - Spanish energy major Repsol delivers across the board, Jefferies analyst Sasikanth Chilukuru writes. Net income was 3% ahead of views, while cash flow from operations came in 18% above, he says. Most importantly, shareholder returns surprised, he adds. The full-year buyback of 1.8 billion euros is ahead of expectations of 1.54 billion euros, he says. Shares rise 1.9% to 29.08 euros.

 

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