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Naturgy Energy Group, S.A. ( (ES:NTGY) ) has shared an announcement.
Naturgy Energy Group, S.A. has announced a voluntary and partial public offer to acquire up to 88 million of its own shares, representing 9.08% of its share capital. This offer, which has been approved by the company’s board of directors and general shareholders’ meeting, is subject to authorization by the National Securities Market Commission. The company has secured bank guarantees totaling 2.332 billion euros to ensure full payment for the offer, reflecting its commitment to maintaining financial stability and shareholder value.
More about Naturgy Energy Group, S.A.
Naturgy Energy Group, S.A. is a publicly traded Spanish company operating in the energy sector. It focuses on the production and distribution of natural gas and electricity, serving a diverse market with a significant presence in Spain and other international regions.
YTD Price Performance: 8.84%
Average Trading Volume: 27,519
Technical Sentiment Signal: Sell
Current Market Cap: €24.06B
For detailed information about NTGY stock, go to TipRanks’ Stock Analysis page.