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Iberdrola ( (IBDRY) ) has issued an announcement.
Iberdrola has updated its share capital following a bonus share capital increase, bringing its total share capital to €5,068,384,202.25, represented by 6,757,845,603 ordinary shares with a par value of €0.75 each, and an equal number of voting rights. The registration of this bonus share capital increase in the Commercial Registry of Bizkaia formalizes the enlarged equity base, potentially broadening shareholder participation and reinforcing the company’s financial structure without an immediate cash outlay for investors.
The most recent analyst rating on (IBDRY) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on Iberdrola stock, see the IBDRY Stock Forecast page.
More about Iberdrola
Iberdrola, S.A. is a Spanish multinational utility headquartered in Bilbao, operating primarily in the electricity sector. The company focuses on power generation, transmission and distribution, with a strong presence in regulated energy markets and a growing emphasis on large-scale renewable energy projects across its core geographies.
Average Trading Volume: 64,823
Technical Sentiment Signal: Buy
Current Market Cap: $150.9B
Find detailed analytics on IBDRY stock on TipRanks’ Stock Analysis page.