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Iberdrola ( (IBDRY) ) has shared an announcement.
Iberdrola has formalised a bonus share capital increase, bringing its share capital to €5,068,384,202.25, divided into 6,757,845,603 ordinary shares with a nominal value of €0.75 each, and an equal number of voting rights. The registration of this capital increase in the Commercial Registry of Bizkaia confirms the expanded equity and voting base, reinforcing Iberdrola’s capital structure and potentially broadening shareholder participation without constituting a public offer of securities, particularly in restricted markets such as the United States.
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 Spain-based global energy utility headquartered in Bilbao, focused on electricity generation, distribution and retail, with a strong presence in renewables and regulated networks. It operates as one of Europe’s leading power companies, serving a broad base of customers and investors in domestic and international markets.
Average Trading Volume: 64,825
Technical Sentiment Signal: Buy
Current Market Cap: $150.7B
For a thorough assessment of IBDRY stock, go to TipRanks’ Stock Analysis page.