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Cox ABG Group Ends Stabilization Period with Share Exercise

Cox ABG Group Ends Stabilization Period with Share Exercise

COX ABG Group SA (ES:COXG) has released an update.

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Cox ABG Group S.A. has announced the conclusion of its stabilization period following its recent subscription offer of ordinary shares. Banco Santander, acting as the stabilization agent, partially exercised the green-shoe option for 185,025 shares priced at 10.23 euros each, marking a strategic move for the company. The stabilization operations were conducted across various Spanish stock exchanges, with the highest and lowest trading prices recorded during the period.

For further insights into ES:COXG stock, check out TipRanks’ Stock Analysis page.

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