Iberdrola (ES:IBE) has released an update.
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Iberdrola has announced the second edition of its ‘Flexible Remuneration’ dividend system for 2024, allowing shareholders to choose between receiving new shares, selling their allocation rights, or opting for a cash dividend. The interim dividend is estimated at a minimum of 0.230 euros per share, with options to combine different remuneration choices. If certain legal requirements are unmet, Iberdrola guarantees to buy back allocation rights at a fixed price, ensuring shareholders can still receive cash.
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