The treasury stock of IBEX 35® companies—i.e., the number of own shares held on the balance sheets of listed firms—fell by 34% at the end of 2024, to 579 million shares. This is the lowest figure in five years and is mainly due to record levels of share cancellations, which companies are increasingly using as a means of shareholder remuneration and to readjust their financial structure. These are two of the main conclusions from the latest report by BME’s Research Department, published today.
IBEX 35® Companies Reduce Treasury Stock After Increasing Share Cancellations by 20.4% to a New Record