09 Mar 2020

Talgo will remunerate its shareholders with a 53 million euros dividend

  • The company remunerates its shareholders with a capital reduction of 7%
  • The capital reduction, results from the Share Buy-back Programme launched in November 2018, contributes to shareholders remuneration through a significant increase in earnings per share (EPS)

Talgo SA, a leading company in the design, manufacture and maintenance of high-speed light trains has agreed to execute the reduction of its share capital through the redemption of 9,559,382 of treasury stock, representing 7% of the share capital. The value of this operation amounts to 53 million euros, thus reaching over 130% of the Net Profit achieved by Talgo in 2019.

With this capital reduction, the number of outstanding shares will decrease and generate a strong remuneration to shareholders through a significant increase of the earnings per share ratio (EPS). Once concluded, Talgo's share capital will be fixed at 38,227,968.02 euros, represented by 127,003,216 shares with a nominal value of 0.301 euros each. Talgo will carry out this amortization with a charge to freely available reserves.

Carlos de Palacio, President of Talgo, highlighted that this capital reduction "demonstrates Talgo's commitment to its shareholders" and stressed that "the redemption of treasury stock is one of the most remarkable and efficient methods to reward shareholders and offers an opportunity for shareholders to increase their participation in the company.”

Talgo announced the Share Buy-back Programme in November 2018 for an amount of 100 million euros, of which at the end of 2019 the Company already executed 63% of the total. In parallel to the aforementioned capital reduction, the company will continue to execute the Share Buy-back Programme towards completion.

About Talgo

Talgo S.A. is the leading company in the design, manufacture and maintenance of high-speed light trains with an industrial presence in nine countries: Spain, Germany, Denmark, Kazakhstan, Uzbekistan, Russia, Egypt, Saudi Arabia and the United States. The Company is recognized worldwide for its innovation capacity, unique distinctive technology and reliability. Talgo is train supplier in the high-speed project for the “Haramain” railway line between Mecca and Medina in Saudi Arabia and Renfe's main train supplier.

For further information

Press contact: Aída Prados
Email: aprados@estudiodecomunicacion.com
Phone number: +34 91 576 52 50

Photography Contest


Take part in our photography contest “Talgo Trains,” and you could win a range of prizes and visit our factory.



Photography contest “Talgo Trains”



Once again, Talgo announces the opening of the annual “Talgo trains” photograph contest. This year´s novelty is that you can send us both: photos and videos!

Participants can share their photograhs/videos of Talgo trains operating around the world by filling in the registration form below.

Participate and win prizes up to 1000€ and a visit to our factory!

The deadline for submitting your photos/videos is May, 31st, 2017

For any questions related to the contest, please, email us at: concurso@talgo.com


Prize: 1000€ | Video contest: 500€ | Another two prizes of 250€ each will be distributed among both photograph and video categories.

Rules of the contest


Fill in your personal information in this application form. Upon completion you will be provided access to the photos/videos uploading area. To log in enter your name, surname and email address and send us as may photos/videos as you want.


From January 24th, 2016 at 00.00 to May 31st, 2017 at 23.59 (Spanish time) any person can participate in the contest by sending us photographs/videos of Talgo trains.

If you are younger than 18 years old, contact us at: concurso@talgo.com , and we will inform you on the participation conditions.