July 3, 2017 / 9:07 PM / in 20 days

Spain's Santander launches 7 bln euros rights issue at 4.85 eur/share

1 Min Read

MADRID, July 3 (Reuters) - Spain's Banco Santander on Monday launched a 7 billion euros ($7.95 billion) rights issue at a price of 4.85 euros per share, a move it had flagged a month ago when it took over rescued peer Banco Popular for a nominal euro.

It also said its net profit for the first half of the year would be 3.6 billion euros, up 24 percent from last year. ($1 = 0.8800 euros) (Reporting by Jesus Aguado; Editing by Julien Toyer)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below