Telefónica Announces Share Capital Reduction

Telefonica SA (TEF) has released an update.

Telefónica SA has officially completed a share capital reduction by cancelling 80,296,591 of its own shares, as registered in the Commercial Registry of Madrid on May 13, 2024. This move leaves the company’s share capital at 5,670,161,554 euros, split into an equal number of ordinary shares, each with a nominal value of 1 euro and granting one voting right per share.

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