TEF Sep 2024 5.000 call
- Reuters
Criteria to raise stake in Telefonica to 10%, El Confidencial says
Spanish holding company Criteria plans to raise its stake in Telefonica to 10%, matching the government's recently acquired stake in the telecoms company, news website El Confidencial reported on Tuesday, citing unidentified sources. Criteria, which is Caixabank's largest shareholder with a stake of more than 30%, already owns about 5% of Telefonica. A 10% stake in Telefonica is worth about 2.38 billion euros ($2.58 billion) at the current market price.
- Reuters
Spain concludes purchase of 10% stake in Telefonica
The Spanish government has acquired the 10% stake in telecoms group Telefonica it had set out to buy in December to counterbalance the acquisition of a similar stake by Saudi Arabia's STC, the state holding company SEPI said on Monday. SEPI bought just over 567 million shares in the Spanish company at an average price of 4.0295 euros ($4.38) a share, spending around 2.3 billion euros. "This ends the carrying out of the purchase operation ordered by the cabinet," SEPI said in a filing to the stock market regulator.
- Insider Monkey
Telefónica, S.A. (NYSE:TEF) Q1 2024 Earnings Call Transcript
Telefónica, S.A. (NYSE:TEF) Q1 2024 Earnings Call Transcript May 9, 2024 Telefónica, S.A. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Adrian Zunzunegui: Good morning, and welcome to Telefonica’s conference call to discuss January-March 2024 results. I’m Adrian Zunzunegui from Investor […]
