Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
CAIXABANK ( (ES:CABK) ) has issued an update.
CaixaBank has announced its intention to repurchase its EUR 1,250,000,000 Perpetual Non-Cumulative Contingent Convertible Additional Tier 1 Preferred Securities, subject to certain conditions. The repurchase is expected to reduce the outstanding nominal amount of the preferred shares to EUR 414,400,000, impacting the bank’s capital structure and potentially signaling financial strength to stakeholders.
More about CAIXABANK
CaixaBank, S.A. operates within the financial services industry, focusing on retail banking and offering a range of financial products including loans, insurance, and asset management services. The bank targets both individual and business clients, primarily in Spain and Portugal, striving to maintain a strong market presence through quality, trust, and social commitment.
YTD Price Performance: 7.29%
Average Trading Volume: 1,775,025
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €40.14B
For detailed information about CABK stock, go to TipRanks’ Stock Analysis page.
