Home › Telefonica sells EUR 975 mln in treasury stock
 

Keywords :   


Telefonica sells EUR 975 mln in treasury stock

2013-03-26 10:51:00| Telecompaper Headlines

(Telecompaper) Telefonica has completed the accelerated bookbuilding offer of treasury stock launched on 25 March. The operator has completed the underwritten placement of 90.07 million treasury shares, representing 1.979 percent of its share capital, to qualified and professional investors. The stock was placed at EUR 10.80 per share. The amount of the sale is around EUR 975 million, which will be used to reduce debt.

Tags: stock eur sells treasury

Category:Telecommunications

Latest from this category

All news
»
11.10Viva Flexo Vegas at FTA Fall Technical Conference
11.10Eastern North Pacific Tropical Weather Outlook
11.10Atlantic Tropical Weather Outlook
11.10Talks over 1bn UK port expansion ongoing after row
11.10Maple Leaf Foods unveils Canada Packers as name for new pork company
11.10Evonik Aligning Two Business Lines with New Growth Strategy
11.10Biosecurity in livestock production: Impact on animal and gut health
11.10BASF Awarded a Red Dot for its Unique Automotive Coating Concept
More »