27 Mar, 2013
Telefónica successfully closes placement of its treasury stock
Today, Telefónica successfully closed the sale of all of its treasury stock, a 90,067,896 treasury share package, accounting for 1.979% of the company’s share capital. The operation –called “accelerated bookbuilding”- resulted in a price of 10.80 euros per share, amounting to a total of around 975 million euros and represents an increase in Telefónica’s equity of 31 million euros.
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