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General

Telefonica to increase capital up to 4% to pay dividend

Friday 11 November 2016 | 15:22 CET | News
Telefonica has announced the details of the scrip dividend programme approved by its shareholders in May, stating that it will increase its capital by 3.9 percent via the issue of up to 196 million shares. In a statement to Spanish market regulator CNMV, the company said its shareholders have the option of receiving EUR 0.34 per share, or one new share for every 25 available under the voluntary programme, with the trading period expected to last from 15 to 23 November. At the recent presentation of its third-quarter results, the company said it would pay a voluntary stock dividend of EUR 0.35

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Categories: General
Companies: O2 UK / Telefonica / Telxius
Countries: Spain
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