Siemens Energy AG launched a share buyback program on September 24, 2026. The program has a total value of up to €2 billion. The repurchase period concludes by March 31, 2027.

This initiative represents the third tranche of a previously announced program. The total value of the larger program is €6 billion. The company will acquire a maximum of 50 million shares.

Trading occurs through the Xetra platform and other multilateral trading facilities. Siemens Energy plans to use the shares for employee stock programs or potential cancellation. The buyback follows a period of strong profitable growth for the firm.