March 25 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
GRIFOLS GRLS.MC
Spanish drugmaker Grifols GRLS.MC said on Tuesday it has approved a U.S. initial public offering of its U.S. biopharma business.
REPSOL REP.MC
Venezuelan opposition leader Maria Corina Machado told Reuters on Tuesday that early interest in Venezuela's oil sector was positive, but called for more transparency and contract security, including a new oil law, to further increase crude and gas output in the South American country.
Separately, oil prices above $100 a barrel would not trigger a meaningful production increase in the U.S. unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy conference in Houston, troubling news for consumers slammed by the energy crisis during the U.S.-Israeli war on Iran.
Separately, Morgan Stanley raised the company to "overweight" from "equal weight" and raised its target price to 28 euros from 20 euros.
ENDESA ELE.MC
Endesa said on Tuesday it authorised the fifth tranche of share buyback program for up to 17.4 million euros.
Separately, Endesa has approved the replacement of CEO Jose Bogas, who will remain on the board as an external director, with Enel generation chief Gianni Vittorio Armani expected to take over ahead of the April 28 shareholders' meeting, Spanish newspaper Expansion reported on Wednesday.
IAG ICAG.L
IAG said on Tuesday it reduced its share capital by 11.6 million euros.
IZERTIS IZER.MC
Izertis said on Wednesday its full-year net profit was 3.9 million euros.
ORYZON ORY.MC
Oryzon Genomics said on Wednesday it received U.S. patent allowance for vafidemstat, expected to remain in force until at least 2040.
METROVACESA MVC.MC
The company said on Wednesday it would propose a dividend of 0.90 euros per share, payable around May 22.
NATURGY NTGY.MC
Naturgy has reached an agreement with Kuwait to refinance $1.3 billion of debt at its Global Power Generation unit, as part of an international transaction to reorganise funding linked to its Latin American generation assets, Spanish online news website El Economista reported on Wednesday.
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