Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00131521262604126 -0.00131521262604126 -0.00131521262604126
Stock impact report

Naturgy Pays the Price for BlackRock's Exit [Yahoo! Finance]

NATURGY ENERGY GRP U/ADR (GASNY) 
Company Research Source: Yahoo! Finance
Naturgy Pays the Price for BlackRock's Exit - Moby THE GIST Naturgy just learned that when a $2.79 billion block hits the market at a discount, fundamentals take a back seat. BlackRock is out, the overhang is gone, and yet the stock still slid hard. Supply, as ever, trumps story. WHAT HAPPENED Naturgy, a Spanish gas firm, shares fell roughly 6% to 7% after BlackRock completed the sale of its remaining 11.4% stake in the Spanish gas and electricity group through an accelerated book-build. The asset manager placed about 110.8 million shares at €25.20 apiece (nearly $30), raising approximately €2.79 billion. The price represented a discount of close to 6% to the previous closing level, a typical incentive in large block transactions designed to ensure the entire position clears in one go. The disposal marks the end of BlackRock's involvement in Naturgy, a position it inherited through its 2024 acquisition of Global Infrastructure Partners. GIP had first entered Naturgy's cap Show less Read more
Impact Snapshot
Event Time:
GASNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GASNY alerts
Opt-in for
GASNY alerts

from News Quantified
Opt-in for
GASNY alerts

from News Quantified