Spanish energy giant Repsol announced plans to grow shareholder returns through 2028, balancing oil-and-gas production growth with low-carbon investments. The company will return approximately 3.6 billion euros ($4.19 billion) to shareholders via cash dividends over the next four years.

The dividend strategy includes annual per-share increases of more than 6%, complemented by share buybacks. This approach reflects Repsol's commitment to maintaining investor returns while transitioning toward cleaner energy sources.

By combining traditional energy production with sustainable investments, Repsol aims to satisfy both current shareholders and meet evolving environmental standards. The plan positions the company to deliver consistent returns while adapting to changing energy market demands.