Refile: BUZZ-Atresmedia rises on interim dividend proposal
REFILE-BUZZ-Atresmedia rises on interim dividend proposal Corrects typographical error in 1st bullet point
** Shares in Atresmedia A3M.MC rise 8% after the Spanish media conglomerate proposed paying an interim dividend on Wednesday
** The dividend comes from the ordinary results generated during 2026 and from the extraordinary gains from the sale of its stake in Fever Labs, the company says
** Atresmedia "is distributing the proceeds from a financial investment with an exceptional rate of return ... which had not been fully recognised by the market," analysts at Renta 4 say
** The proposed €0.83 gross interim dividend would be paid on December 16
** The stock is on track for its best day since April 2021 and, including the session, has gained 21.5% YTD
(Reporting by Javi West Larrañaga)
((javier.west@thomsonreuters.com; +34 918 35 61 12))