Iberdrola holds another meeting with minority shareholders in Bilbao

Iberdrola continues in Bilbao its round of meetings with minority shareholders in Spain with a meeting next Monday 24 March in Bilbao at Torre Iberdrola. The electricity company chaired by Ignacio Galán continues its meetings with shareholders to engage investors with the company.

This initiative’s mission is to encourage an on-going, fluid, and personal dialogue with shareholders, who are the focus of Iberdrola's strategy. On this occasion, Ignacio Cuenca, Iberdrola's Director of Investor Relations, will meet with shareholders to present the company's balance sheet for the past financial year. 

Later on, Iberdrola will hold more meetings with a focus on different business areas that will be attended by other top-level executives. 

The first meeting was held on 28 January in Valencia, where Eva Mancera, CEO of i-DE, Iberdrola group’s distribution company, and Guillermo Raga, director of i-DE in the Eastern Region, explained to more than fifty Valencian shareholders the il.lumina plan, in which Iberdrola will invest €100 M to redesign the electricity distribution network damaged by the cold drop of 29 October. 

The meetings take place in person and are broadcast live on Meeting with Shareholders.

365 engagement and participation policy 

These initiatives are part of the shareholder engagement policy, approved by the Board of Directors 10 years ago and reflected in the Articles of Association, with a special focus on small investors. 

Iberdrola was a pioneer in introducing this strategy in the company’s management, which seeks to involve all its stakeholders in its business project, based on transparency, active listening and effective disclosure of its activities.

Shareholders can keep in touch with the company 24 hours a day, 7 days a week, 365 days a year through the OLA Shareholders' Club. Any question, query, initiative or proposal sent over the website – confidentially or openly to other shareholders – will be answered within 48 hours. You can register for the OLA over its website: https://www.iberdrola.com/shareholders-investors/shareholders/shareholders-club. 

The electricity company also has other means to communicate with its investors, such as the free telephone 900 10 00 19, by post (Oficina del Accionista, c/ Tomás Redondo, n.º 1, 28033 Madrid) or by e-mail (accionistas@iberdrola.com). Shareholders need only provide their full name and ID card number.
Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to encourage this always-open relationship channel and to reward, with exclusive advantages, everyone who have shown their support for and trust in the company's path. Over the years, this initiative has been consolidated as a best practice by the rest of the large listed companies on the Spanish stock exchange. 

Dividend, key to the strategy

Iberdrola is fully committed to its shareholders and dividend is considered a key element. The company has proposed paying a gross dividend of €0.635 per share against the 2024 financial year, reaching the target set for 2026 and 15% higher than the €0.553 per share paid out against the 2023 financial year. The participation dividend will be added to this amount once approved at the General Shareholders' Meeting and if the quorum for participation is reached. 

One of the characteristics most valued by analysts is the company's profitability. Since 2001, the Iberdrola share has increased its value from €3.5 to over €14 and has distributed more than €7.7 in dividends.