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OHLA Announces Board Resignations and Capital Increase

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OHLA Announces Board Resignations and Capital Increase

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Obrascon Huarte Lain ( (ES:OHLA) ) has issued an update.

Obrascón Huarte Laín, S.A. (OHLA) has announced significant changes in its Board of Directors following the resignation of four directors due to disagreements with the company’s financial management and internal processes. The company has appointed Ms. Ximena Caraza Campos as a new director and plans a capital increase of up to fifty million euros to strengthen its financial position.

More about Obrascon Huarte Lain

YTD Price Performance: 14.59%

Average Trading Volume: 182,580

Technical Sentiment Signal: Sell

Current Market Cap: €504.5M

See more insights into OHLA stock on TipRanks’ Stock Analysis page.

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