GEK Terna stock gains support as buyback program accelerates

Published on 09/21/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GEK Terna stock is underpinned by a fresh share buyback, with the company repurchasing 20,000 shares between September 16 and September 18, 2026. Recent half-year figures show revenue growth and lower adjusted net debt, highlighting both expansion and leverage risks.

GEK Terna, GRS145003000, Illustration mit AI erstellt.

GEK Terna stock (ISIN GRS145003000) is drawing investor attention after the group stepped up its share buyback program, repurchasing 20,000 of its own shares at an average price of EUR 42.95 between September 16 and September 18, 2026, signaling confidence in its valuation and balance sheet.

Buyback adds fresh support

According to Mononews on September 21, 2026, GEK Terna bought back a total of 20,000 own shares from September 16 to September 18, 2026, at an average acquisition price of EUR 42.9479 per share, for a total transaction value of EUR 858,958.84.

The same disclosure states that, after this latest transaction, GEK Terna holds 1,302,013 treasury shares, representing about 1.0947 percent of its total share capital, indicating a modest but tangible reduction in free float and a targeted capital allocation toward buybacks.Mononews

Revenue growth and leverage under scrutiny

In a broader context, recent coverage of GEK Terna highlights both growth and leverage. As Bankingnews reports in an article dated September 21, 2026, the company increased revenue and operating profitability in fiscal year 2025 and then reported a reduction in pro forma adjusted net debt in the first half of 2026.

The same Bankingnews piece notes that GEK Terna's adjusted net debt at the end of 2025 was described as very high in absolute terms, while pro forma adjusted net debt declined in the first half of 2026, underlining that investors need to weigh growth opportunities against a still sizable debt load.Bankingnews

Debt debate and political scrutiny

Debt and infrastructure exposure also place GEK Terna in the political spotlight. As Bankingnews details on September 21, 2026, critics question the scale of the group's borrowing and guarantees, pointing to billions in loans and emphasizing that debt metrics remain a key risk factor despite the reported improvement in pro forma adjusted net debt in the first half of 2026.

For shareholders, the combination of ongoing buybacks at around EUR 42.95 per share, revenue growth in 2025, and a decrease in pro forma adjusted net debt in the first half of 2026 offers a mixed picture: the company is actively returning capital and investing for growth, but the high leverage profile and political scrutiny around key infrastructure assets require careful monitoring.Bankingnews