Spanish stocks - Factors to watch on May 29
Spanish stocks - Factors to watch on May 29 May 29 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
SABADELL SABE.MC
Sabadell said on Thursday it completed the first tranche of a share buyback programme worth €435 million and executed a share capital reduction.
The bank also announced a second tranche of a share buyback programme with a maximum amount set at €365 million euros ($425.12 million). Both buybacks are part of a €800 million plan already announced.
REDEIA REDE.MC
Redeia said on Thursday it approved a temporary share buyback programme of up to 1.4 million shares, 0.26% of its capital, with a maximum amount of 20 million euros.
AMPER APE.MC
Amper said on Thursday it will propose a capital reduction and a reverse split.
TELEFONICA TEF.MC
Telefonica has agreed to buy microwave radio-link operator Lineox from private equity fund Asterion Industrial for about 90 million euros, Spanish newspaper Expansion reported on Friday, citing sources familiar with the matter.
CAIXABANK CABK.MC
CaixaBank aims to attract about €15.9 billion in client subscriptions of investment products in 2026, matching last year's record, as sales recover after a volatile first quarter, the bank's Chief Financial Officer said, Spanish newspaper Expansion reported on Friday.
NATURGY NTGY.MC
Naturgy is entering a new growth phase after the exit of financial investors BlackRock-GIP and CVC, freeing up about €9–10 billion of liquidity to pursue acquisitions, mainly operational renewable energy assets, Spanish newspaper Expansion reported on Friday.
COLONIAL COL.MC, PUIG PUIGb.MC Colonial SFL has bought the Puig family’s remaining 50% stake in their joint venture owning the Torre Puig T‑2 office building in Barcelona for 15.2 million euros, becoming sole owner of the fully let asset, Spanish newspaper Expansion reported on Friday.
INDRA IDR.MC
General Dynamics’ Santa Bárbara is seeking to rebuild ties with Indra under its new leadership to avert further litigation over €7.2 billion in artillery contracts, after Spain’s Supreme Court rejected its bid to block related financing, Expansion reported on Friday, citing sources familiar with the matter.
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