The American investment bank Morgan Stanley has increased its stake in Cellnex to 3.388% after emerging this week with a position of 3.223%, as detailed in the records of the National Securities Market Commission (CNMV).
Morgan Stanley’s position in Cellnex, made up of 23.93 million titlesis divided into a 3.117% in direct shares and 0.271% in financial derivatives.
With the Cellnex listing in 32.54 euros at the close of the session stock market this Friday (+3.17% intraday), the market value of the share package that Morgan Stanley owns in the Spanish tower company is around 780 million euros.
Although the records of these operations have appeared reflected in the CNMV this week, the Transactions took place on November 14 and 18so Morgan Stanley would have received its corresponding share of the 32.46 million euros in dividends which the company paid this past Thursday from the share premium reserve, that is, around 1.26 million euros.
In this context, it should be noted that Cellnex had set as its objective distribute around 3,000 million euros in dividends between 2026 and 2030, although at the beginning of October it announced that this plan will be brought forward one year and will start in 2025.
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