Spanish stocks - Factors to watch on June 1
Spanish stocks - Factors to watch on June 1 June 1 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
ACCIONA ANA.MC
Acciona is finalising the purchase of the 17.6% stake held by the Noonan brothers in its Australia and New Zealand construction unit, thus gaining full control, while the executives will step down by end-2026, Spanish newspaper el Economista reported on Monday.
GESTAMP GEST.MC
Gestamp said on Friday it had appointed Ana Maria Fuentes Garcia as CFO effective immediately, replacing Ignacio Mosquera, who stepped down.
GRENERGY GREG.MC
Grenergy said it had signed a long-term power purchase agreement (PPA) in Chile covering the sale of 350 GWh per year for 12 years.
TUBACEX TUBA.MC
Tubacex said on Friday it had launched a share buyback programme for up to 1.0 million shares, representing about 0.79% of its capital, with a maximum amount of €3.5 million to reduce capital via cancellation.
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(Joanna Jonczyk-Gwizdala in Gdansk)
((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))