tiprankstipranks
Trending News
More News >

Inmobiliaria Colonial Suspends Liquidity Contract for Strategic Share Acquisition

Story Highlights
Inmobiliaria Colonial Suspends Liquidity Contract for Strategic Share Acquisition

Confident Investing Starts Here:

Inmobiliaria Colonial ( (ES:COL) ) has shared an update.

Inmobiliaria Colonial has announced the temporary suspension of its liquidity contract with Banco Sabadell to facilitate the acquisition of treasury shares. This move is part of a strategic plan involving a potential merger with its subsidiary, Société Foncière Lyonnaise, and the establishment of a share buyback program to compensate executives, indicating a focus on strategic consolidation and executive incentives.

More about Inmobiliaria Colonial

Inmobiliaria Colonial is a real estate company that operates in the property sector, focusing on the acquisition, development, and management of high-quality office spaces primarily in prime areas of major European cities.

YTD Price Performance: 7.88%

Average Trading Volume: 165,102

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.5B

See more data about COL stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1