Spanish stocks - Factors to watch on April 12
April 12 (Reuters) -The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
FERROVIAL FERF.AS
The company said on Thursday it had implemented a buy-back program for up to 500 million euros ($535.50 million). nL5N3GL0H9
MELIA MEL.MC
Banco Santander SAN.MC, through an investment vehicle, took 38.2% in the share capital of Melia's unit Adprotel Strand, the hotel chain said on Thursday. nFWN3GK0UF
Separately, Melia will operate, under its brand Melia Collection, a hotel in Spain's southern city of Ronda after an investment of five million euros ($5.36 million) in its refurbishment, according to Spanish newspaper Expansion. The hotel is set to open in 2026, Expansion adds.
METROVACESA MVC.MC
Metrovacesa said on Thursday it had signed a developer loan and a line of guarantees with Banco Santander for about 14.1 million euros ($15.10 million) and about 5.7 million euros, respectively. nL5N3GL0M4
SOLTEC SOLPW.MC
Soltec said on Thursday it had completed the sale of a 400 MW project under development in Brazil to a renewable energy firm Casa dos Ventos. nCNM9wBJy1
INMOBILIARIA DEL SUR ISUR.MC
The company said on Thursday it would pay a complementary dividend of 0.15 euros ($0.1607) per share on July 1. nL5N3GL0IF
IBERDROLA IBE.MC
Iberdrola is looking for a partner to develop 200 megawatts of installed capacity in data centres by 2030, an investment of between 1.70 billion euros ($1.82 billion) and 2.00 billion euros in the period, Spanish newspaper Expansion said on Thursday, citing unidentified market sources. Iberdrola wants to form a joint venture and keep a minority stake, according to the paper.
REPSOL REP.MC
Morgan Stanley raised its target price to 19.2 euros from 18.5 euros. nAZN1NGMPX
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