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The latest update is out from Metrovacesa SA ( (ES:MVC) ).
Metrovacesa S.A. has entered into significant financial transactions with Banco Santander, involving a dividend payment agent contract and a substantial extension of a guarantee line and promoter loan. These operations highlight the close financial relationship between the two entities, given Banco Santander’s significant ownership stake in Metrovacesa, which could influence the company’s financial strategy and stakeholder dynamics.
More about Metrovacesa SA
Metrovacesa S.A. operates in the real estate sector, focusing on property development and investment. The company is involved in residential and commercial property projects, primarily in Spain, and collaborates with financial institutions for operational support.
YTD Price Performance: -2.39%
Average Trading Volume: 295,306
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.31B
For a thorough assessment of MVC stock, go to TipRanks’ Stock Analysis page.