BME:ELEElectric Utilities
Assessing Endesa (BME:ELE) Valuation After Share Capital Reduction And Treasury Share Cancellation
Capital reduction and what it means for Endesa shareholders
Endesa (BME:ELE) has moved ahead with a capital reduction, cancelling 17 million treasury shares under its Share Buyback Programme and adjusting total share capital to about €1.25b.
This cancellation reduces the number of shares in circulation to just over 1b. This change can influence metrics such as earnings per share and ownership concentration once the capital reduction is formally registered.
See our latest analysis for...