|Bid||25.41 x N/A|
|Ask||25.41 x N/A|
|Day's Range||25.17 - 25.65|
|52 Week Range||18.55 - 32.63|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||22.06|
|Earnings Date||Sept 14, 2022|
|Forward Dividend & Yield||0.63 (2.56%)|
|Ex-Dividend Date||Oct 31, 2022|
|1y Target Est||27.89|
Retailer halted operations in Russia after invasion of Ukraine but has reopened for limited time to sell remaining stock
The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, reported on Thursday its real estate assets' market value rose by over 1 billion euros to 15.2 billion euros ($15.53 billion) in 2021. Pontegadea, the Ortega family's investment vehicle, controls a 59.29% stake in Inditex and manages a portfolio of property investments that include buildings in New York, Toronto, London and downtown Madrid. The real estate asset portfolio was worth 14.08 billion euros at the end of 2020.
Shareholders of Spanish fashion retail giant Inditex on Tuesday approved Marta Ortega, the youngest daughter of its founder Amancio, as the group's chairperson, alongside a new chief executive officer, Oscar Garcia Maceiras. The vote backing the duo took place during the first annual general meeting since 38-year-old Ortega started in her new role as non-executive chair in April, the final step in a generational handover that began a decade ago. Inditex raised its prices at the start of the year and reported an 80% jump in first-quarter profit amid soaring sales as consumers refreshed their wardrobes after months at home during pandemic lockdowns.