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An update from CAIXABANK ( (ES:CABK) ) is now available.
CaixaBank has announced the issuance of perpetual preferred shares, worth one billion euros, which could be converted into newly issued CaixaBank shares under certain conditions. These shares are directed exclusively at professional clients and are intended to strengthen CaixaBank’s additional Tier 1 capital, with trading set to commence on the AIAF Fixed Income Market.
More about CAIXABANK
CaixaBank, S.A. is a prominent financial institution operating in the banking industry, offering a wide range of banking products and services primarily focused on the Spanish and European markets. It targets professional clients and eligible counterparties, emphasizing its strategic positioning in financial markets.
YTD Price Performance: 10.19%
Average Trading Volume: 1,776,690
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €41.36B
For a thorough assessment of CABK stock, go to TipRanks’ Stock Analysis page.
