24th September 2023

Talanx aims to increase capital by up to E300m

Talanx has initiated a capital increase against cash contributions in the amount of up to E300m by partially utilizing authorized capital to increase its free float, enhance the trading liquidity of its shares and further improve its position in equity indices. Talanx’s share capital is expected to increase through the issuance of new no-par value registered shares against cash contributions under simplified exclusion of shareholders’ subscription rights. The New Shares will bear full dividend rights for the current financial year as from 1st January 2023.

Talanx Trends(73 articles)