0
General

Masmovil directors acquire EUR 31 mln of company shares

Tuesday 10 September 2019 | 11:04 CET | News
Members of Masmovil's board of directors, its management team and major shareholders have acquired company shares worth around EUR 31 million in recent weeks. In a statement to Spain's securities market regulator CNMV, the company confirmed that directors including CEO Meinrad Spenger, as well as all relevant shareholders with representation on the board, invested in some 1.8 million shares to demonstrate "the management team's confidence in the future evolution of the company, as well as the commitment of the main shareholders with the long-term strategy of Masmovil."

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Masmovil
Countries: Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Masmovil executives to acquire EUR 12 mln of company shares

Published 03 Apr 2020 11:40 CET | Spain
Members of Masmovil's board of directors, led by CEO Meinrad Spenger, have committed to acquiring company shares worth around EUR ...

Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases

Published 16 Sep 2019 07:00 CET | Europe
Earnings season is coming to an end, giving operators and rating agencies a moment to look at the balance sheets. M&A was mostly ...

Masmovil confirms acquisition of minority stake in Nowo, Oni owner

Published 21 Aug 2019 15:26 CET | Portugal
Spanish operator Masmovil has confirmed plans to acquire a minority stake in Cabonitel, the owner of the Portuguese operators ...

Masmovil to join Spain's Ibex 35 on 24 June

Published 14 Jun 2019 09:17 CET | Spain
The shares of Masmovil, Spain's fourth largest network operator, have been added to the Ibex 35 benchmark stock market index of ...

Masmovil board confirms new directors, shareholdings

Published 20 May 2019 14:42 CET | Spain
The board of directors of Spain's Masmovil group has confirmed the appointment of Nathalie Picquot and Rafael Canales as new ...

Masmovil closes EUR 100 mln capital hike

Published 08 May 2019 11:25 CET | Spain
Spanish operator Masmovil announced that two leading international banks have fully subscribed to a EUR 100 million capital ...

Masmovil inks deal to repurchase EUR 883 mln Providence bond, refinance debt

Published 01 Apr 2019 10:57 CET | Spain
Spanish operator Masmovil has announced an agreement with private equity firm Providence Equity Partners for the repurchase of an ...