$TRE (+3,32 %)
1. Share Repurchase Program Continues Between October 29 and November 4, 2026, the company repurchased approximately 199,911 of its own shares for about €5.75 million. This is part of the share repurchase program announced in September.
2. Strong Expansion in Africa
At the end of October, Técnicas Reunidas received an order from the African conglomerate Dangote to supply hydrogen reformers for a new ammonia and urea plant in Ethiopia. The plant is expected to produce 3 million metric tons of fertilizer annually.
3. Optimism Ahead of Q3 Results
Analysts at Renta 4 expect further margin improvement and an order backlog of just under €14 billion for the third quarter of 2026. The quarterly results are scheduled to be released on November 13, 2026.