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An announcement from EnBW Energie Baden-Wurttemberg ( (DE:EBK) ) is now available.
EnBW Energie Baden-Württemberg AG has announced a capital increase by issuing up to 54.171.005 new shares, raising its share capital by up to €138.677.772,80. This move is expected to generate gross proceeds of up to €3.1 billion, which the company plans to use to strengthen its credit standing and equity, providing financial flexibility for future investments. The new shares will be offered to existing shareholders through indirect subscription rights, with major shareholders committing to fully exercise their rights, ensuring substantial support for the capital increase.
More about EnBW Energie Baden-Wurttemberg
EnBW Energie Baden-Württemberg AG is a major player in the energy sector, primarily focused on providing electricity and gas services. The company is based in Germany and is involved in the generation, trading, and distribution of energy, with a significant market presence in the European energy industry.
Average Trading Volume: 209
Technical Sentiment Signal: Hold
Current Market Cap: €18.7B
For an in-depth examination of EBK stock, go to TipRanks’ Overview page.