Finance
Telefonica readies capital increase, report says
Published by Global Banking & Finance Review®
Posted on August 21, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 21, 2025
1 min readLast updated: January 22, 2026
Telefonica is set to announce a capital increase as part of a new strategic plan, with backing from major shareholders. Shares fell over 6% after the news.
MADRID (Reuters) -Spanish telecom company Telefonica is preparing a capital increase as part of a new strategic plan to be disclosed in the coming months, news website Vozpopuli reported on Thursday, citing unnamed sources close to the company.
It said Telefonica's management had discussed the possibility to raise cash through an issuance of new shares with investment bankers and leading shareholders such as the Spanish government, Spanish investment fund Criteria Caixa and Saudi Telecom, who were generally supportive of the idea.
A Telefonica spokesperson declined to comment.
Telefonica shares were down more than 6% in afternoon trading.
(Reporting by Inti Landauro, editing by Andrei Khalip)
Telefonica is preparing a capital increase as part of a new strategic plan to be disclosed in the coming months.
Telefonica's management has discussed the possibility of raising cash through new share issuance with investment bankers and leading shareholders, including the Spanish government.
Telefonica shares were down more than 6% in afternoon trading.
A Telefonica spokesperson declined to comment on the report.
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