American investment bank Morgan Stanley increased its stake in Cellnex to 3.388% after taking a 3.223% position this week, as detailed in National Securities Market Commission (CNMV) records.
Morgan Stanley’s position in Cellnex, consisting of 23.93 million titlesis divided into a 3.117% in direct shares and 0.271% in financial derivatives.
With Cellnex referencing in 32.54 euros at close of session On the stock market this Friday (+3.17% intraday), the market value of the package of shares that Morgan Stanley holds in the Spanish tower company is around 780 million euros.
Although the archives of these operations appeared this week in the CNMV, the The transactions took place on November 14 and 18Morgan Stanley would therefore have received its corresponding share of the 32.46 million euros in dividends that the company paid last Thursday from the share premium reserve, or around 1.26 million euros.
In this context, it should be noted that Cellnex had set itself the objective distribute around 3 billion euros in dividends between 2026 and 2030, although he announced in early October that this plan would be brought forward by a year and would start in 2025.
