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Iberdrola Announces Capital Increase Under Flexible Remuneration System
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Iberdrola Announces Capital Increase Under Flexible Remuneration System

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Iberdrola ( (ES:IBE) ) just unveiled an announcement.

Iberdrola has announced the execution of a second capital increase as part of its “Iberdrola Flexible Remuneration” optional dividend system for fiscal year 2024. The capital increase aims to enhance shareholder value, with a gross interim dividend of 0.231 euros per share, reflecting a maximum aggregate amount of 1.47 billion euros, further strengthening its market position.

More about Iberdrola

Iberdrola, S.A. is a leading Spanish multinational electric utility company engaged primarily in the generation, distribution, and commercialization of electricity. It focuses on renewable energy, contributing significantly to the shift towards sustainable power sources.

YTD Price Performance: 3.78%

Average Trading Volume: 1,987,093

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €86.17B

For an in-depth examination of IBE stock, go to TipRanks’ Stock Analysis page.

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