BBVA and Sabadell will celebrate their Shareholders Boards with few hours apart in full struggle for the OPA. The Basque Group plans to gather its shareholders the March 21, In second call, and on the agend of day it will carry re -elect as counselors to President Carlos Torres and the CEO, Onur Gençtogether with the European climate excommissary Connie Hedegaard, independent vowel.
Banco Sabadell has summoned its shareholders on the eve, on the 20th, to also vizar the accounts and the management report of 2024, but with the uniqueness of reactivating the program of repurchase of shares paralyzed by the OPA and also re-elect César González- Well among other directors.
In BBVA and outside the support that the dome obtained for re -election, the rest of the agenda is routine. The Board of Directors will submit to the regionists the shareholders accounts of 2024, the management report, the re -election of Ernst & Young as an audit firm for 2025 and will ask for permission to Amortize up to 10% of the capital to have operational margin in the realization of shares of shares.
The remuneration policy for a certain collective of managers will also visible, with the establishment of the possibility of delivering a variable remuneration of up to 200% of the fixed component as established by the regulations.
BBVA signed a record benefit of 10,054 million euros last year, a figure that represents an interannual increase, and the entity revealed that it will allocate 5,027 million to give back the shareholders, which implies distributing 50% of the result.
The bank will raise the total gross dividend with a charge to the year by 27%, to the 0.70 cents per title, – will submit the complementary coupon to 41 cents per title – and will dedicate another 993 million to new repurchases of actions to improve remuneration to the remuneration to the investor.
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