MasMovil enters the Ibex with an applicable coefficient of 80%

MasMovil Ibex

Renta4 | In Spain, the Technical Advisory Committee of the Ibex decided in its ordinary meeting, as expected, to include MasMovil in the index from 24 June, replacing Tecnicas Reunidas.

MasMovil thus becomes the first company from the Alternative Stock Market to enter the Ibex. At the moment its trading is elevated and its free float has grown around 20% following the Providence operation. The company will enter the Ibex with an applicable coefficient of 80%. In addition, Acciona raises its applicable coefficient from 60% to 80%.

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