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Corporacion Financiera Alba ( (ES:ALB) ) has shared an announcement.
Corporación Financiera Alba, S.A. has announced its decision to delist its shares from the Madrid, Barcelona, and Bilbao Stock Exchanges. The decision was approved at an Extraordinary General Meeting, with a public takeover bid formulated by ALBA alongside Mr. Carlos March Delgado and Son Daviú, S.L.U. for the shares at a price of €84.20 each. This strategic move aims to target a maximum of 3,053,610 shares, while a significant majority of shares are already owned or supported by shareholders in favor of the delisting. The Board of Directors has unanimously approved the formulation of the offer, with plans to submit the necessary application for authorization to the National Securities Market Commission.
More about Corporacion Financiera Alba
YTD Price Performance: 0.0%
Average Trading Volume: 115
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5B
Learn more about ALB stock on TipRanks’ Stock Analysis page.
