Key Developments: Acciona SA (ANA.MC)
43.24EUR
6:09am EDT
€-0.50 (-1.13%)
€43.74
€43.24
€43.69
€43.10
39,404
186,550
€65.00
€29.46
Latest Key Developments (Source: Significant Developments)
Acciona SA Files Appeal Against Spanish Energy Regulation Imposed By Government-Reuters
Reuters reported that Acciona SA has filed an appeal against the 7% rate that the Government has imposed on electrical energy generation as part of a package of measures aimed at reducing the tariff deficit of electrical system. Full Article
Acciona SA Announces Further Details On FY 2012 Dividend Payment
Acciona SA announced that it will submit to the shareholders for approval a dividend payment for fiscal year 2012 in the total amount of EUR 151,737,807.50. The dividend in the amount of EUR 51,533,595, at a value of EUR 0.90 per share, was already distributed in January 2013, and a complementary dividend in the amount of EUR 100,204,212.50, at a value of EUR 1.75 per share will be effective on July 1, 2013. Full Article
Acciona SA Plans Lay Off in its Energy Division in Spain-DJ
Dow Jones reported that Acciona SA is planning to lay off some employees in its energy division in Spain due to the effect of regulatory changes in the country's electricity sector. The Company will submit a restructuring proposal for the division on April 17, 2013. The division's 1,700 employees have already been informed of the plan. The plan includes a range of measures from contract terminations, relocations, pay and cuts in working hours to temporary leave. Full Article
Acciona SA Plans To Sell Assets And Reduce Dividends in FY 2013 and FY 2014-DJ
Dow Jones reported that Acciona SA announced that a plan for selling assets would achieve proceeds of EUR 500 million (USD 653 million) to EUR 1 billion through the year 2014. The Company also announced that its financial plan for the year 2013 and 2014 includes a 20% reduction in its dividend and cuts to the compensation for its Board of Directors and Committee Members of 10%. Full Article
Acciona SA's Subsidiary Wins Construction Contract For BRL 1,407 Million-Reuters
Reuters reported that Acciona SA announced that its subsidiary, Acciona Infrastructuras SA, has been awarded the construction of two sections of a ring road in Sao Paulo, Brazil, for a total amount of BRL 1,407 million, approximately EUR 532 million at current exchange rates. Acciona Infrastructuras SA took lots 4 and 6, valued at BRL 788 million and BRL 619 million, respectively, with a combined length of more than 25 building kilometres. Full Article
Acciona SA Concludes Euro Commercial Paper Program
Acciona SA announced that it has concluded a Euro Commercial Paper (ECP) program up to the amount of EUR 500 million. The program has been registered in the Irish Stock Exchange. Through the program, the Company may issue notes in the Euromarkets with maturity period between 7 and 364 days. Full Article
Acciona SA Announces FY 2012 Dividend Payment
Acciona SA announced a dividend payment for fiscal year 2012 at a gross value of EUR 0.90 per share, effective on January 21, 2013. The payment of this dividend on account amounts to an aggregate of EUR 51,533,595. The pertinent tax withholding, in its case, shall be deducted form said amount. The dividend is to be approved by the forthcoming Annual General Shareholders’ Meeting. Full Article
Acciona SA Wins Contract for Electrical Supply of Canal de Isabel II in Madrid-Reuters
Reuters reported that Acciona SA has been awarded a contract worth EUR 56 million, for the supply of electricity to the public entity Canal de Isabel II in Madrid during 2013. The contract includes electrical supply to water lifts, stations with drinking water, pumping stations and offices of the water network management, among others. Full Article
Acciona SA In Consortium With EMT Wins EUR 56 Million Contract To Build Water Treatment Plant in Morocco-Reuters
Reuters reported that Acciona SA, in consortium with EMT, has won a EUR 56 million contract to build a water treatment plant in Oum Azza, Morocco, which will support the supply of drinking water in the area of Rabat-Casablanca. The construction project will be executed by the Company’s Acciona Agua business division. Full Article
Acciona SA Wins Contract To Build Power Generation Plant in Mexico-Reuters
Reuters reported that Acciona SA announced that it has been awarded by the Federal Electricity Commission of Mexico a contract for design, supply and construction of a power generation plant in Mexico. The contact value is EUR 80 million. The construction of the plant, called Baja California II, is expected to be completed in 16 months and includes an extension of the President Juarez complex, located in Rosarito Beach, 22.5 miles to the south of Tijuana. Full Article
Spanish stocks - Factors to watch on Monday
The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
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