Ignacio Galán holds meetings with institutional representatives of the Basque Country

This week, the Executive Chairman of Iberdrola, Ignacio Galán, held his usual meetings with the highest institutional representatives of the Basque Country: the lehendakari, Imanol Pradales; Elixabete Etxanobe, Deputy General of Bizkaia; and Juan Mari Aburto, the mayor of Bilbao.

These meetings will take place, as usual, on the days prior to the General Shareholders’ Meeting in Bilbao, the company's headquarters, on Friday 30 May.

At this meeting – which Iberdrola is holding at a record high stock market value, with a market capitalisation of more than €100B – the company will submit the approval of the results for the 2024 financial year to its shareholders, in which it invested €17B and increased its net profit by 17% to €5.612 B.  

The company has also proposed for the third consecutive year an engagement dividend of €0.005 gross per share (€1 gross per 200 shares) to be paid to all shareholders entitled to participate if a quorum of at least 70% of the share capital is reached. 

The company, which will present its next strategic plan on 24 September, plans to accelerate its investments to boost the electrification of the economy to more towards energy independence.