Siemens Energy Plans €6 Billion Buyback Until End-2028

Siemens Energy AG plans to buy back as much as €6 billion ($6.9 billion) of its own shares after the company’s stock more than doubled this year over optimism around...

By Wilfried Eckl-Dorna · Bloomberg Markets

Siemens Energy AG plans to buy back as much as €6 billion ($6.9 billion) of its own shares after the company’s stock more than doubled this year over optimism around surging data-center investments.