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Webuild Announces Share Capital Adjustment Ahead of Shareholders’ Meeting

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The latest update is out from Webuild SpA ( (IT:WBD) ).

Webuild S.p.A. has announced a change in its share capital composition following the partial exercise of its 2021-2030 Warrants, resulting in the issuance of 4,415 ordinary shares. Despite these changes, the share capital remains at €600 million, and the total number of voting rights has been slightly adjusted. This update is part of the company’s ongoing adjustments in preparation for its upcoming Ordinary Shareholders’ Meeting, reflecting its proactive approach to managing shareholder interests and maintaining transparency in its financial operations.

More about Webuild SpA

Webuild is a global leader in the design and construction of large complex infrastructures, specializing in sustainable mobility, hydroelectric energy, water management, and green buildings. Operating in about 50 countries, the company has a workforce of over 92,000 people and has completed over 3,700 projects worldwide, including notable works like the Panama Canal expansion and the Third Bosphorus Bridge. With a revenue of €12 billion and a backlog of €63 billion as of 2024, Webuild is committed to projects aligned with the United Nations Sustainable Development Goals.

YTD Price Performance: -3.51%

Average Trading Volume: 370,581

Technical Sentiment Signal: Sell

Current Market Cap: €2.76B

For detailed information about WBD stock, go to TipRanks’ Stock Analysis page.

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