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EDP Renováveis Announces Capital Increase and Shareholding Structure

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EDP Renováveis Announces Capital Increase and Shareholding Structure

An announcement from EDP Renovaveis ( (GB:0ML1) ) is now available.

EDP Renováveis has announced a capital increase, resulting in a total share capital of 5,199,279,355 euros, with 1,039,855,871 shares listed on Euronext Lisbon. The main shareholder is EDP, S.A., holding 71.3% of the shares, while the rest are owned by over 40,000 investors globally. The company has not implemented any defensive measures against takeover bids, maintaining flexibility in its governance structure. This announcement reflects EDPR’s commitment to transparency and its strategic positioning in the renewable energy sector, potentially impacting its market operations and investor relations.

More about EDP Renovaveis

EDP Renováveis, S.A. (EDPR) operates in the renewable energy industry, primarily focusing on the development, construction, and operation of wind farms and solar plants. It is a subsidiary of EDP, S.A., and its shares are traded on the Euronext Lisbon stock exchange. The company has a significant presence in various countries, with a shareholder base that includes a mix of institutional and private investors.

YTD Price Performance: -13.82%

Average Trading Volume: 143,074

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €8.65B

See more insights into 0ML1 stock on TipRanks’ Stock Analysis page.

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