Actividades de Construccion y Servicios SA (ES:ACS) has released an update.
Actividades de Construccion y Servicios SA (ACS) has launched a capital increase program, allowing shareholders to opt for receiving new shares or cash as part of their ‘optional dividend’ scheme. Set at 10,866,583 new shares, the capital increase corresponds to the average trading prices on leading Spanish exchanges preceding the announcement. Alongside, ACS will execute a share capital reduction by the same number of shares to maintain balance.
For further insights into ES:ACS stock, check out TipRanks’ Stock Analysis page.
