Companies

Companies 21st May 2026

Naturgy emerges from hibernation thanks to cost savings and simplification of shareholding structure

Analysis by Morgan Stanley Arthur Sitbon (analyst) highlights that Naturgy has a unique opportunity within the sector to pivot towards growth, supported both by the flexibility of its balance sheet and the recent simplification of its shareholding structure, whilst new analysis on cost savings and growth levers reinforces the view that the company can improve its EPS growth profile, placing medium-term earnings above the consensus. In this context, he believes…

Companies, Markets 21st May 2026

Audax Renovables prices largest ever bond issue, worth €350 million and maturing in 2031

Report by Link Securities The energy company has informed the National Securities Market Commission (CNMV) that it has successfully priced its issue of senior unsecured notes, with an aggregate nominal value of €350 million and maturing in 2031. The Notes will bear a fixed interest rate of 7.500% per annum, payable semi-annually in arrears on 22 May and 22 November of each year, commencing on 22 November 2026. The closing…

Companies 20th May 2026

Q1 2026 results: strong performance in terms of earnings for Santander, and business activity for BBVA

Analysed by Bankinter Santander has made a strong start to the year, reiterating its 2026 guidance and the targets of the 2026–2028 plan (net banking income in excess of €20,000 million with a return on total equity (RoTE) of over 20.0% in 2028). The fundamentals are solid (capital, efficiency and profitability) and non-performing loans remain at historically low levels. Santander is enjoying a strong earnings performance (up 17.0% in EPS)…

Companies 20th May 2026

Mapfre to pay interim dividend of €0.110372 per share for 2025 financial year, payable on 28 May

Reported by Link Securities The Spanish insurer announced the decision taken by its Board of Directors to pay, on 28 May, a supplementary dividend charged to the 2025 financial year of €0.11 gross per share. Mapfre reports that, following the proportional application of the amount corresponding to treasury shares to the remaining shares, the amount of this supplementary dividend to be paid to all shares entitled to it is set…

Companies, Relevant News Item 19th May 2026

Indra CEO De los Mozos not renewing contract, company launches recruitment process to find replacement

Indra has announced that it has launched a search for a new chief executive following the decision not to renew the contract of the current CEO, José Vicente de los Mozos, which expires on 30 June. Reported by Editorial Team Directors Indra’s CEO, José Vicente de los Mozos, will not continue in his role, the company announced on Monday, adding that it has launched a selection process to find a…

Companies 19th May 2026

ArcelorMittal sells 10% of Vallourec at €24 per share, raising $667 million

Report by Bankinter ArcelorMittal (MTS) has announced an accelerated placement at €24 per share amongst institutional investors of approximately 10% of the share capital of the French seamless tube company Vallourec, in which ArcelorMittal is the largest shareholder with a 27.8% stake as of December 2025. Acquired in 2024 and accounted for using the equity method. The sale generates cash of $667 million. Bankinter analysis team’s view: The strong performance…

Companies, Relevant News Item 19th May 2026

ACS raises capital and sells treasury shares for €1.8 billion to accelerate investment in data centres

Report by Intermoney ACS (ACS) announced on Monday, after the market closed, an accelerated placement of shares without pre-emptive rights, comprising some 5.4 million new shares, 2% of the total, together with 11.1 million treasury shares. The latter are being placed on the market following ACS’s decision to cancel two equity swaps, entered into in 2023. The total value of the transaction is estimated at around €1.8 billion. Both Chairman…

Companies, Relevant News Item 18th May 2026

Ferrovial’s €400 million dividend to be distributed at €0.5578 per share

Report by Link Securities With reference to the announcement of 7 May 2026 in which the construction, services and concessions company announced a flexible dividend (scrip dividend) totalling €400 million, Ferrovial announces that the cash dividend amounts to €0.5578 per share. As stated in the announcement of 7 May 2026, the dividend will be payable in shares or in cash at the discretion of Ferrovial shareholders. If no choice is…

Companies, Markets 18th May 2026

Historic Bodegas Riojanas avoids insolvency proceedings: Vintae to acquire 90% of share capital

Reported by Consejeros Editorial Team The Logroño-based wine group Vintae, through its parent company Gevisa Wine Capital, has agreed a restructuring plan with the banks whereby it will assume the debt of the historic Bodegas Riojanas and acquire 90% of the company’s capital, as reported to the National Securities Market Commission (CNMV) last Friday. The current shareholders will retain ten per cent of the capital. The transaction also includes the…

Companies 14th May 2026

Mahindra & Mahindra fully exits stake in CIE Automotive following placement of 3.58% holding at €29.37 per share

Mahindra & Mahindra announced its definitive exit from CIE Automotive through the placement, via an ABB led by BNP Paribas, of its 3.58% stake at an agreed price of €29.37 per share, representing a 6% discount. Report by Renta 4 In a transaction similar to that which took place on 4 December, Mahindra & Mahindra announced on Wednesday its definitive exit from CIE Automotive (CIE) through the placement, via an…

« 1 … 3 4 5 6 7 … 170 »