Naturgy Energy Group, S.A. ( (ES:NTGY) ) has provided an announcement.
Naturgy Energy Group, S.A. has announced a voluntary and partial public acquisition offer for its own shares at 26.50 euros per share, pending approval from the National Securities Market Commission. This move aims to increase the free float level of the company’s shares, with commitments already received from shareholders holding over 10% of the company’s capital, ensuring the offer’s viability.
More about Naturgy Energy Group, S.A.
Naturgy Energy Group, S.A. is a Spanish public limited company operating in the energy sector. It is involved in the distribution and commercialization of natural gas and electricity, with shares traded on the Madrid, Barcelona, Bilbao, and Valencia Stock Exchanges.
YTD Price Performance: 5.55%
Average Trading Volume: 25,567
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.81B
For detailed information about NTGY stock, go to TipRanks’ Stock Analysis page.