Inmobiliaria Colonial ( (ES:COL) ) has shared an update.
Inmobiliaria Colonial has announced the temporary suspension of its liquidity contract with Banco Sabadell to facilitate the acquisition of treasury shares. This move is part of a strategic plan involving a potential merger with its subsidiary, Société Foncière Lyonnaise, and the establishment of a share buyback program to compensate executives, indicating a focus on strategic consolidation and executive incentives.
More about Inmobiliaria Colonial
Inmobiliaria Colonial is a real estate company that operates in the property sector, focusing on the acquisition, development, and management of high-quality office spaces primarily in prime areas of major European cities.
YTD Price Performance: 7.88%
Average Trading Volume: 165,102
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.5B
See more data about COL stock on TipRanks’ Stock Analysis page.