Iberdrola Approves Key Resolutions at General Shareholders’ Meeting

Iberdrola ( (ES:IBE) ) has issued an update.

Iberdrola’s General Shareholders’ Meeting approved several key resolutions, including the individual and consolidated annual accounts for 2024, and modifications to the company’s governance and sustainability system. Additionally, the meeting sanctioned changes to the remuneration system, including the implementation of the ‘Iberdrola Flexible Remuneration’ program, which involves increases in share capital to offer shareholders new shares or dividends, reflecting a strategic move to enhance shareholder value and adapt to a decentralized corporate structure.

The most recent analyst rating on (ES:IBE) stock is a Buy with a EUR15.00 price target. To see the full list of analyst forecasts on Iberdrola stock, see the ES:IBE Stock Forecast page.

More about Iberdrola

Iberdrola, S.A. is a leading multinational company in the energy sector, primarily focusing on the production and distribution of electricity. The company is heavily involved in renewable energy, particularly wind power, and operates in various markets around the world, aiming to provide sustainable energy solutions.

Average Trading Volume: 10,337,191

Technical Sentiment Signal: Buy

Current Market Cap: €101.6B

Learn more about IBE stock on TipRanks’ Stock Analysis page.