Spanish stocks - Factors to watch on Nov 19
Nov 19 (Reuters) -The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
CAIXABANK CABK.MC
Spain's Caixabank CABK.MC on Tuesday said it aimed for a return on tangible equity ratio (ROTE) target of over 16% by end of 2027, down from a 16.9% in the third quarter of this year, as margins will come under pressure from lower interest rates. nL8N3MQ066
Separately, the company said on Tuesday it carried out share capital reduction by 93.1 mln euros. nFWN3MP1AZ
The company also said it started on Tuesday its buy-back programme announced on October 31. nFWN3MP1DC
ENDESA ELE.MC
Spanish power utility Endesa said on Tuesday that it will invest a record 9.6 billion euros ($10.16 billion) in the next three years, with a growing focus on power networks. nL8N3MQ0B6
The company also said on Tuesday it would pay gross interim dividend of 0.50 euro per share from January 8, 2025. nFWN3MP1DN
ENAGAS ENAG.MC
The company said on Monday it would pay a gross dividend of 0.4 euro per share on December 12. nFWN3MP0W8
SOLARIA SLRS.MC
The company said on Monday it expects prices will normalize in fourth quarter and allow it to achieve its goals. nFWN3MP1BQ
EDREAMS EDRE.MC
Spanish travel booking firm eDreams ODIGEO EDRE.MC reported on Tuesday a net profit of 2.5 million euros ($2.65 million) in the July-September period, the second quarter of its accounting year, as it continued to gain more subscribers. nL8N3MQ08D
Separately, it also said on Tuesday it started a buy-back programme of up to 6.12% of its share capital. nFWN3MP1DF
PRISA PRS.MC
Prisa said on Monday it started a buy-back programme of up to 0.13% of its share capital. nFWN3MP0TI
FERROVIAL FERF.AS, TECNICAS REUNIDAS TRE.MC
Ferrovial, Tecnicas Reunidas and Japan's Mitsubishi Power have been fined 80 mln euros by PGE PGE.WA, Poland's main electricity operator, in a dispute over a contract to expand a coal-fired power plant in the country, Spanish online news website El Economista reported on Tuesday.
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