Energy company Celsia has completed its share buyback program, repurchasing 16.6 million ordinary shares at $9,002 each for a total of $150 billion. Around 7,621 shareholders, representing 89.5% of ownership, took part in the process that ran from April 13 to 27. Payments will be made on Wednesday, April 29.
The program, approved by the Shareholders' Assembly, used rounds that allocated shares proportionally to each shareholder's stake in the first stage, with the remainder assigned rotationally until the amount was exhausted. Celsia emphasized that this mechanism ensured equality and fair treatment for all participants, regardless of investment size.
Ricardo Sierra, the company's CEO, stated that “this buyback demonstrates our conviction in the fundamental value of our share, as well as our commitment to delivering value to our shareholders.” Participants received immediate liquidity for the repurchased shares while retaining appreciation on the rest.
Following the process, Celsia's shareholder count rose 4.3% from March to April 2026. Sierra added: “This is very important for us because it means we are an attractive stock in the stock market, and we will continue working to close the gap between price and fundamental value.”
Overall, combining dividends and buybacks this year, Celsia has transferred nearly $362 billion to shareholders. Additionally, $211 billion in decreed dividends are due in three installments in July and October 2026, and January 2027.
