Iberdrola (ES:IBE) has released an update.
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Iberdrola has concluded the first edition of its ‘Iberdrola Flexible Remuneration’ optional dividend system for 2024, with shareholders representing 32.299% of share capital opting to receive an additional dividend totaling 707 million euros. As a result, the Capital Increase will issue 124,251,000 new shares, increasing the company’s share capital by 1.991% to 4.77 billion euros. These new shares are expected to begin trading on various Spanish stock exchanges by the end of July 2024.
For further insights into ES:IBE stock, check out TipRanks’ Stock Analysis page.
