What is the "Iberdrola Retribución Flexible" system?

All the information about the optional dividend system

The optional dividend system "Iberdrola Retribución Flexible" offers shareholders the option to choose whether they prefer to receive all or part of their remuneration in new shares of the company or in cash.  

This system is implemented through a capital increase charged to reserves and the payment of a cash dividend. All shareholders receive a free allocation right for each share they hold on the reference date, and those who wish to receive the dividend in cash must expressly waive these rights. 

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