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Iberdrola ( (ES:IBE) ) has issued an update.
Iberdrola has announced the launch of a share buyback program, set to commence on June 2, 2025, and conclude by June 19, 2025, unless the maximum number of shares or monetary amount is reached earlier. This initiative, which involves acquiring up to 4,266,831 shares at a market price, is part of a broader strategy to implement a capital reduction approved by the General Shareholders’ Meeting, potentially impacting the company’s stock value and shareholder equity.
The most recent analyst rating on (ES:IBE) stock is a Buy with a EUR15.00 price target. To see the full list of analyst forecasts on Iberdrola stock, see the ES:IBE Stock Forecast page.
More about Iberdrola
Iberdrola is a leading multinational electric utility company primarily engaged in the production, distribution, and commercialization of electricity. It focuses on renewable energy sources and operates in various markets worldwide, aiming to provide sustainable energy solutions.
Average Trading Volume: 10,337,191
Technical Sentiment Signal: Buy
Current Market Cap: €101.6B
For detailed information about IBE stock, go to TipRanks’ Stock Analysis page.